Busy Circle K Store $100K Sales Lotto $33K
This store is a powerhouse with no competition in sight for miles in either direction.The Circle K franchise has a large following of loyal customers all around the world that keeps all of the franchise store's very busy all year round.The store is owned by the fuel company which means there is an approval process that must be done. The store is 1,500 sf with plenty of parking to keep up with the customer flow.The store is currently bringing in over $100,000 a month with numbers going up on a weekly basis.The store also sells lotto with the online and in store sales around $33,000 a month with very little effort all the walk in traffic lives in the area. The store is being sold with a PMPA lease which means it automatically renews every 3 and the operator could possibly be there for over 20 years. The store will be delivered to the new buyer with the rent at $12,666 and the new buyer will only have to be approved by the fuel company. There is also other deposits required for this store and they are as follows $25k Fuel company, $25k Franchise circle k.The inventory is also separate and is around $80k when the store is full which is always. We will try to help the new buyer out by negotiating the asking price and seeing if the seller is willing to finance the inventory. Make an offer the busy season is here and this store is ready for new management.The franchise (Circle K) royalty is 4% with an additional 1% for advertising and the 1% is also used for improvements on the store. The seller is willing to finance the inventory ($80-100k) to the right qualified buyer. The store has been reduced in price for a quick sale now only $50,000. The sellers have provided certified paperwork (profit and loss) statement showing over $71,000 in cash flow. This place at this price is a real good deal for any buyer looking for positive cash flow. The store is 100% owner absentee with the payroll to prove it, over $107,000 in payroll alone. This store is not opened for 24 hours, the hours are from 6-9 pm. That means that most of the profit is being handed out to the managers that run the day to day at this store. This store with the right hands on owner could double the cash flow in months not years. All paperwork in hand as you can see down below to prove any of the numbers advertised.
Financials (USD)
Asking Price $50,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Available On Request
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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