1107 Olive AveMerced, CA 95348
- Other commercial real estate
- 0.52 AC
Property Details for 1107 Olive Ave
- Lot size
- 0.52 AC
- Property type
- Other commercial real estate
- APN
- 058-090-007-000
- APU
- 58090007000
Description
This exceptional business opportunity presents a chance to acquire an established 7-Eleven franchise in Merced, CA. Situated on a 0.52-acre lot at 1107 W Olive Avenue, this turnkey operation includes a convenience store, gas station, and car wash, all within a high-traffic shopping center. The franchise boasts a loyal customer base and benefits from 24/7 operations, maximizing sales throughout the day and night. Ample, well-lit parking ensures customer convenience. This highly-rated franchise offers a proven track record of profitability and is supported by the extensive marketing and resources of the 7-Eleven national brand. The asking price is $150,000, and a 25% discount on the franchise fee is available. The sale is subject to 7-Eleven corporate vetting and approval of the prospective franchisee. Further details, including financial information, will be provided upon execution of a non-disclosure agreement. This is a rare opportunity to own a successful, well-established franchise with a strong reputation and significant growth potential within a densely populated area. The franchise benefits from the established brand recognition and ongoing support provided by 7-Eleven corporate.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,675,701
- Hospitality
- $5,198,912
- Educational
- $4,325,434
- Medical
- $4,474,192
- Retail
- $6,728,452
Location Insight
- City
- Merced
- County
- Merced
- State
- California
- Latitude
- 37.3195
- Longitude
- -120.487
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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