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San Diego

  • Listing No.: 106-15469

  • Category: Retail

Asking Price $39,000.00
Down Payment $25,000.00
Gross Revenue $297,805.00
Total Adjusted Net Income $41,785.00
Equipment / Fixtures $25,000.00
Year Established 2014
General Location San Diego
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Specialty-based convenience store market located in high traffic North County mall food court. This convenience store sells drinks, snacks, tobacco, and lottery tickets. Management and customer service training are provided by the franchise. The franchise royalty fee is 4.95% and there are no advertising fees. This business is located in a high walk by traffic area so no advertising is necessary. The seller does not work at the business except for payroll and cash handling about 10 hours a week. Manager handles inventory, vendor management, lottery, scheduling, breaks, and employees. The adjusted net profit is based on an owner operator working at the business and reducing the payroll by $24,000. There will be approximately $10,000 in inventory at cost included in the sale. Profits and sales continue to grow each year. This is an easy to run business franchise perfect for owner operator. The seller has a full time career and has been relocated out of the country. Motivated seller needs to sell fast and offering seller financing with $25,000 down. For more information contact FCBB agent Steve Sharp directly at (619) 454-1786.

Gross Revenue $297,805.00 Listed Price $39,000.00
Total Income $41,785.00 Down Payment $25,000.00
Base Rent $2,734.00 Square Feet 192
Total Rent $4,531.00 Lease Expiration 6/2021
Rent Deposit $3,000.00 Lease Options
Inventory $10,000.00 Leasehold Improvements
Equipment / Fixtures $25,000.00 Other Assets
Full-Time Employees Training Period Franchise Trains
Part-Time Employees 3 Special License Required
Contract Staff Reason for Selling Owner is relocating out of country for work

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.