Location:
Gold Coast > Queensland
Investment level:
$850,000
Type:
Business
Industry:
Commercial Services > Automotive & Marine > Service Station
This 7 Eleven service station and convenience store is located right in the middle of the Gold Coast – Australia’s fastest growing economy, and where ...
This 7 Eleven service station and convenience store is located right in the middle of the Gold Coast – Australia’s fastest growing economy, and where strong growth is predicted to continue well past the 2032 Olympic Games in Brisbane.
Surrounding high density residential dwellings support the stable fuel and shop sales. Interestingly, this store is on a quieter road in the suburbs, but it produces sales which are higher than many similar 7 Eleven stores in the region which are located on busier roads.
Included in the sale is an unmanned carwash machine.
This is an opportunity to acquire a proven, stable, and secure business with franchise support provided. A profitable business, suitable for a family to increase net income by working more hours.
The business owner has operated this business for around 20 years… and is ready to retire at the age of 60. This business has provided well for their family over the last 20 years and is ready for new owners to take the business to greater heights in the future.
Buyers are subject to 7 Eleven training and approval.
CURRENT LEASE TERM END DATE: 23/02/2026
POTENTIAL OPTIONS (IF EXERCISED): 3x5 Years
TENURE INFORMATION
STORE AGREEMENT TERM: The maximum term is up to 10 years, but it may end substantially earlier due to lease tenure, termination or buy back rights. Even if one or more Potential
Options are available, the lease and the Store Agreement will only continue if 7-Eleven elects, at its sole discretion, to exercise the Potential Option. The
Store Agreement may also end earlier if 7-Eleven exercises its option to purchase the business within the first 12 months of the Store Agreement or if the
landlord decides to end the lease. Accordingly, the Store Agreement may end substantially earlier than the potential MAXIMUM term of 10 years. The
Store Agreement may also be terminated if the franchisee commits a material breach of the Store Agreement or if the parties mutually agree. Please refer
to the “Tenure Notice” provided with this document for further detail.
COHO Franchised store Goodwill1 and Franchise Fees2 will be reviewed every 3 months and amended as needed to reflect current store performance. These adjustments will be done following the completion of the quarter and associated financial reporting in April, July, October and January each year. Prices will not be considered 'final’ until a contract of sale has been completed and signed by both parties.
Important Note: The Goodwills1 advertised on the sheet are determined by the Franchisee selling their store. They d
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