1100 Redondo Avenue

    Long Beach, CA 90804
    • $320,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: DW18185286
    UPDATED: 133 min ago
    $320,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    This is a rare opportunity to own a turnkey business, a 7-Eleven franchise, known world over for its convenience store model. This profitable franchise store is located in The prime High Traffic Long beach neighborhood! Nearly 900 people walk through this inviting and wonderfully shelved store everyday, operating 24/7. This priced to sell, profitable store is an opportunity waiting for the true business investor !! > Store Runs Mostly On it's Own through its nice employees and excellent store management. Sale Price is the business cost to acquire this profitable business from the current owner, about 6 years in Business at This Location from 2012. This store has a Proven Profit track for years, With Register Sales Reports from Corporate. A serious, able and willing buyer has to go through an assessment and acceptance by 7-Eleven, followed by training at Dallas to get the franchise under the buyer's ownership. > Other estimated expenses required to be paid to 7-Eleven to operate the business are: 7-Eleven Franchise Fee (~$120,000), Down payment for inventory and supplies (~$20,000), Initial cash register fund (~$2000), State and local licenses (~$6,500). With proven Sales, on-going support built on 7-Eleven technology and brand strength, the profitable operation can change hands in a period of 3-6 months.> For New stores, with no reported sales, franchise fee is between $ 300K-500K in the LA area, so the Sale Price on this store is a True Deal.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/86146110

    1100 Redondo Avenue Long Beach, CA 90804

    • Price: $320,000
    • Status: Active
    • Updated: 133 min ago
    • ID#: DW18185286
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    3 - Eastside, Circle Area
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    This is a rare opportunity to own a turnkey business, a 7-Eleven franchise, known world over for its convenience store model. This profitable franchise store is located in The prime High Traffic Long beach neighborhood! Nearly 900 people walk through this inviting and wonderfully shelved store everyday, operating 24/7. This priced to sell, profitable store is an opportunity waiting for the true business investor !! > Store Runs Mostly On it's Own through its nice employees and excellent store management. Sale Price is the business cost to acquire this profitable business from the current owner, about 6 years in Business at This Location from 2012. This store has a Proven Profit track for years, With Register Sales Reports from Corporate. A serious, able and willing buyer has to go through an assessment and acceptance by 7-Eleven, followed by training at Dallas to get the franchise under the buyer's ownership. > Other estimated expenses required to be paid to 7-Eleven to operate the business are: 7-Eleven Franchise Fee (~$120,000), Down payment for inventory and supplies (~$20,000), Initial cash register fund (~$2000), State and local licenses (~$6,500). With proven Sales, on-going support built on 7-Eleven technology and brand strength, the profitable operation can change hands in a period of 3-6 months.> For New stores, with no reported sales, franchise fee is between $ 300K-500K in the LA area, so the Sale Price on this store is a True Deal.
    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Type Franchise Country Us Gross Operating Income 1500000.00 Leasable Area Units Square Feet Number Of Full Time Employees 5 Number Of Part Time Employees 0 Reason For Selling Managing Multiple Stores Year Established 2012 Years Current Owner 6

    Listing provided courtesy of Suresh Ganapathy of Modha Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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