7-11 CONVENIENCE STORE, $2 MILLION IN SALES
Seller:
Attn:
Marc Gudema
Location:
Boston, MA, USA
Listing Number:
"1198"
Overview of the Business:
This 7-11 is projected to do $2,000,000 in sales in the next 12 months. Located in downtown Boston, sales have grown significantly since a new Boston law that prohibits tobacco sales at pharmacies went into effect. This store is located in a great, high-traffic, location. The cash flow listed is projected for 2009 to a working owner. Sales were up 20% over 2008 in the first six months of 2009. The price does not include a franchise fee to 7-Eleven of approximately $170,000. There is also $20,000 required for inventory. 7-Eleven is the largest convenience store chain in the world and offers support for its owners in advertising and promotions
Property Features and Assets:
The store is in a building in a downtown location. The company sells food, drinks, tobacco products, lottery tickets, and basic home goods. It is open 24 hours a day, 7 days a week.
Market Competition and Expansion:
A recent law passed in Boston has prohibited pharmacies from selling tobacco products. This has led to an increase in tobacco sales at this location over $500 per day. The new owner could be more aggressive in tobacco sales and maximize this growth opportunity.
Additional Details:
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