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BUSINESS FOR SALE - PROFILE #  01984189AP

Circle K Franchise, C-Store, ABC License Type 21
Orange County

Asking Price: $550,000   Down Payment: $550,000  
Gross Revenue: $1,080,000   Adj. Cash Flow*: $150,000  
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Executive Summary


  • A well-established popular franchise convenience store (Circle K) in North Orange County. Prime Location! 

  • Store is licensed for hard liquor, lotto, scratchers, cigarettes. Monthly sales about $90,000. 

  • Franchise agreement expires in 2027, transfer fee $25,000, Royalty 4.5%, ad-fund 1%. Gross profit 38%. 

  • Seller recently renovated the store with a new soda machine, upgraded coolers, and interior design improvements. 

  • Some monthly expenses: Rent $5400, Utilities $1400, Payroll $7,700, Phone $350.

Acquisition Highlights

  • A well-established popular franchise convenience store (Circle K) in North Orange County. Prime Location! Store is licensed for hard liquor, lotto, scratchers, cigarettes. Monthly sales about $90,000. Franchise agreement expires in 2027, transfer fee $25,000, Royalty 4.5%, ad-fund 1%. Gross profit 38%. Seller recently renovated the store with a new soda machine, upgraded coolers, and interior design improvements. Some monthly expenses: Rent $5400, Utilities $1400, Payroll $7,700, Phone $350.
  • Circle K’s success in the convenience retailing industry spans more than 60 years. Our roots trace back to 1951 when Fred Hervey purchased three Kay’s Food Stores in El Paso, Texas. Little did anyone know that these stores would serve as the beginning of Circle K. During the early years, Hervey’s enterprising spirit enabled the company to make its mark in the southwestern part of the United States. He grew the Circle K chain into neighboring New Mexico and Arizona. During the next few decades, Circle K grew its retail network through a series of acquisitions, which were incorporated into the Circle K brand. By 1975, there were 1,000 Circle K stores across the U.S. In 1979, Circle K entered the international market when a licensing agreement established the first Circle K stores in Japan. The company’s growth continued and, by 1984, sales had reached $1 billion. In 1999, a franchise program was introduced to support operators looking to build a business with a leading convenience store brand. In 2003, Circle K was acquired by Alimentation Couche-Tard and has developed into a global brand represented in over 20 countries. Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. We have come a long way since our humble beginnings, and we’re proud of where we’ve been and where we’re going. Please visit our timeline to learn more about the Circle K story.
  • Training Information:  2 weeks
  • This business is a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2008 Inventory: $70,000
Employees: 2 FT, 2 PT Furniture, Fixtures & Equipment: Included
Lease/Rent: $5,400 Real Estate:
Building Sq Ft: 2275
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Payind
Phone:  (562) 402-2686
Fax:  (562) 809-3398
Other:  (714) 624-7209
E-mail:  adamvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd #195
Artesia, CA 90701
www.bizbizbiz.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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