Convenience Store Franchise. Top Location Absentee

Not Disclosed, FL
Palm Beach County

Top Location. Palm Beach County. South Florida.

Asking Price: Annual Revenue:
$319,000 $970,296

Food & Beverage: Convenience Stores

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RE: Convenience Store Franchise. Top Location Absentee Broker: Brian Zoberg
License #: bk3289133

Quick Facts

Asking Price: $319,000
Annual Revenue: $970,296
Net Profit: $79,000
Cash Flow: $79,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 4
BBN Listing #: 951556348
Broker Reference #: C STORE FRANCHISE

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Business Overview:

Drive Thru Convenience Store Franchise in top location. Boca Raton, Palm Beach County, South Florida. Business is Absentee. Fully staffed with 2 full time and 2 part time employees.
Long term lease in place. 14 Years remaining on the lease. Perfect for local work force or families on the go. Offers Bakery, Cafe, Groceries, Lotto, Propane. Follow the proven franchise concept. Initial training plus ongoing support by franchisor. Long track record of success since 1957. This franchise has their own brand of popular staples such as milk, eggs, icecream and fresh bread which helps build customer loyalty and repeat business. Owner benefit for 2021: $81,311. Current owner stops by a few times a week to check up on the business. This is a recession / pandemic resistant business. 2020 Gross sales approx. $886,000. 2021 Lotto Sales 348,186. Profit on Lotto = 19083. 2022 thu June Lotto Sales 196,222. Profit on Lotto 16,270. This accounts for the higher cost of goods. Average mark up on convenience store items is 35%.

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Property Features and Assets:

Franchise offers initial as well as ongoing support. Proven concept. They take out the guesswork. Instead of going through trial and errror, the franchise guides you and helps you make the most amount of money.

Market Competition and Expansion:

Opportunity to increase sales by more advertising both locally and online, start a delivery service. This can be the first step in opening multiple locations. C-store business is consistent.

Reason for Selling:

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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