Convenience Stores / C-Store Only
This well-established absentee owned and operated 7-11 is located in the busy Allen, Texas area and has been owned by the current owner for about five years now. Though the revenues have declined a bit over the past couple of years, we expect a re-branding, in May of 2019, by Exxon with LED signage will drive increased traffic to the store. This attractive business opportunity also includes rental income and revenue from propane sales. The 10-year 7-11 Franchise agreement expires in early May of 2019 so a buyer could decide to be independent and keep the 25% of inside revenues for himself that the store has been paying to 7-11 as franchise fees, over the years. (With all things being equal, this business could have generated an additional cash flow of more than $115,000 in 2018 if individually owned and operated, for a combined cash flow of more than $331,000).