Franchise Convenience (Norwalk) $250,000 "Pending"

Financials will be provided with acceptable offer. 
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convenience includes beer, wine, Lotto and MORE! Store is located on a building CORNER on HIGH TRAFFIC MAIN THROUGH FARE! Approximately 3,200 SF paying 11,248/month lease with over one year remaining with option 1-2-3. Four year average GROSS INCOME $1,320,000 with NET INCOME $475,166. There is also $30k to $40k in merchandise.

FULL TIME EMPLOYEES:  4
initial franchise fee $25,000
training fee $2000
travel expenses while traveling $3500 to $15,000
How long the franchise agreement last?
They said it’s every 10 years but they might go 15 years. The new buyer will submit a new application and it’ll be renewed at that time.
​The sellers aren't wanting to meet with anyone to discuss the business.
Sellers don’t want to finance the business and I’m finding out that Circle K May require upgrades which can get costly.
​Seller has owned the business for about 9 years.
The lease and franchise agreement both end in about a year.

​Do not talk to the owner and employees.
​No Co-op brokering.

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