Business Overview

Well-established 7-Eleven Store for sale in Bucks County, Pennsylvania grossing over $2 million and netting around $150,000 to the owner. Asking $255,00 plus inventory.

Financial

  • Asking Price: $255,000
  • Cash Flow: $150,000
  • Gross Revenue: $2,010,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1978

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
Established Franchise:

This Business Is An Established Franchise

Additional Info

The venture was established in 1978, making the business 44 years old.

The business has 7 employees and is situated in a building with approx. square footage of 2,500 sq ft.
The property is leased by the business for $1 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell businesses. Nonetheless, the real reason and the one they tell you may be 2 totally different things. As an example, they might say "I have way too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these might simply be justifications to try to hide the reality of altering demographics, increased competitors, current reduction in incomes, or an array of other reasons. This is why it is really vital that you not depend totally on a seller's word, but rather, make use of the seller's response together with your general due diligence. This will paint an extra sensible picture of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Numerous companies take out loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that revenue margins are too small. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that need to be fulfilled or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in new customers? Many times, companies have repeat consumers, which form the core of their daily earnings. Certain aspects such as new competitors growing up around the area, roadway building, as well as personnel turnover can influence repeat clients and negatively impact future profits. One vital thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the greater the possibility to construct a returning consumer base. A last idea is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood mean family income effect future earnings potential?