12200 Artesia Blvd, Artesia, CA 90701

$530,000
List Price
$530,000
Status
ACTIVE
MLS#
RS18293746
Days on Market
30
Property Type
Investment

Property Description

Well Established 7 Eleven Franchise opportunity! Original owner since inception in 1984!! 7-Eleven on a very busy corner with heavy traffic. Buyer needs to be approved from 7-Eleven, Inc prior to an offer to be accepted. Also Franchise costs and fees in addition to the asking price will be provided to serious buyers. This is a store that is well established and heavy consistent traffic. Financials will be provided to serious buyer only. Lots of potential! Inquire with us about financing if needed..NEW FRANCHISEE HAS TO START A NEW CONTRACT WITH 7ELEVEN FOR THE SUBLEASE AS 7ELEVEN OWNS THE MASTER LEASE SO LEASE AMOUNT WILL CHANGE. Buyer is purchasing only the current franchisees rights to the Franchise.Buer, If approved by 7-Eleven will be required to pay 7-Eleven the standard franchise fee for the Franchise and all other amounts which are required in connection with acquiring the 7-Eleven Store Franchise. Please call for more details on the process.. PLEASE BE ADVISED THAT THE ASKING PRICE DOES NOT INCLUDE 7-ELEVEN Franchise Fees of $175,600, Inventory down payment of $20,000 ( this will be for buyers new inventory) , $6500 for Licenses, $8,000 for Grand Opening Fee, and $2500 change fund.

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Listing courtesy of Peter Makhlouf from Embassy Financial Group Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.