Business Description

For sale is a well-established 7-11 Convenience Food Mart business located in Detroit. The asking price is $285,000 plus inventory deposit. With an average inside merchandise sales of $250,000, the store operates profitably with a focus on higher-margin items and liquor sales. The buyer will need to cover a franchise fee of around $300,000 and provide a 10% deposit based on the inventory value. This 7-11 store has been under the same ownership for 18 years and boasts a prime location on a busy street in a mixed residential and commercial area in Taylor, Michigan. Occupying a spacious 2500 square feet, the store benefits from its proximity to schools, parks, and the river, as well as neighboring high-credit businesses. In addition to merchandise sales, the business generates strong revenue from lottery, ATM services, tobacco products, and other sources. The seller is eager to strike a deal with a motivated owner-operator who can offer the right down