Business For Sale

Growing Franchise Convenience Store in Norwalk!

Norwalk, CA
Los Angeles County


Asking Price: Annual Revenue:
$229,000 $1,294,854

Food & Beverage: Convenience Stores


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RE: Growing Franchise Convenience Store in Norwalk! Broker: Robert Rodriguez

Quick Facts

Asking Price: $229,000
Annual Revenue: $1,294,854
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 4
BBN Listing #: 78964929
Broker Reference #: DBAEasy2

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Business Overview:

Growing Franchise Convenience Store in Norwalk – Gorgeous Build-Out!
This growing franchise convenience store in Norwalk is undoubtedly one of the nicest, cleanest and spacious businesses of its type. The owners recently reinvested nearly $50,000 to upgrade and remodel the store. The store offers its patrons plenty of parking, beer and wine, and lotto sales, as well as a very unique build-out, unlike others of the same brand. The store is located in a high traffic retail complex with complementary neighbors and high traffic institutions nearby.

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Property Features and Assets:

This 2,935 sq. ft. facility leases for $11,466 per month including common area maintenance expense (CAM) on a lease until August 2021, and two five year options. All of the business's furniture, fixtures, equipment, beer and wine license, and franchise rights will be included in the sale. Approximately $50,000 in inventory will be sold at cost at close in addition to asking price.

Market Competition and Expansion:

While other competition exists nearby, this location boasts excellent street visibility, a high level of cleanliness, onsite parking, a unique build-out / offering, and an extensive inventory, which provide it a unique competitive long term advantage. This store has a strong year over year growth trend which is anticipated to remain for the next few years. A new owner may seek to work with the franchisor, and engage in more aggressive local marketing to further bolster short term growth. While such campaigns may be traditional in nature, low cost grass-roots efforts could also pay high dividends due to the high concentration of area high schools and employers.

Reason for Selling:

Personal

Additional Details:

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

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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