Business For Sale

Franchise Convenience Store - PT Owner - S NH

Not Disclosed, NH
Hillsborough County

Southern NH

Asking Price: Annual Revenue:
$199,000 $1,720,000

Food & Beverage: Convenience Stores

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RE: Franchise Convenience Store - PT Owner - S NH Broker: John Coto
Owner Financing is Available!
Small amount of seller financing available

Quick Facts

Asking Price: $199,000
Annual Revenue: $1,720,000
Net Profit: Not Disclosed
Cash Flow: $97,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 6
BBN Listing #: 826719624
Broker Reference #: ABB424

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Business Overview:

This business is a local franchisee of major franchise Convenience Store Chain. The current owner has owned the business since 2009. It is operated with minimal owner involvement (10 hours per week in 2017 and 2018) and it is believed that a full-time owner can reduce the payroll expenses by about $30,000 bringing the discretionary earnings to $120,000 per year. This store is in an excellent location, less than a mile from a major highway and with nearby residential properties. It is being offered for sale at a fair market value due to an illness in the family requiring more of the owner’s time. Seller is willing to finance some of the selling price of $199,000 (Price includes the franchise fee)

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Property Features and Assets:

Full size convenience store facility. Very busy location located about 1 mile from highway. Residential neighborhood nearby.

Market Competition and Expansion:

At the end of 2017 the business added a food service program with much higher margins. It is believed that a full time owner can reduce expenses and grow sales.

Reason for Selling:

Care for family member with illness

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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