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Shutdown Corporate Store For Sublease
Location: United States -> Texas -> Clarendon
Industry: Retail > Convenience Stores Retail




Business Summary

Store will be rebranded to Phillips 66 next month!

Inside Sales were over $87,000 per month! Outside sales were over 36,000 gallons per month! Lottery commission was $2,450 per month!

Jobber Contract Terms:
Fixed commission: 3 cents per gallon.
Credit card fees: Jobber pays 70% and Buyer pays 30%.
Jobber contract runs concurrently with the lease.
Jobber is fully responsible for fuel equipment maintenance.
Store is currently unbranded and will be rebranded with new Phillips 66 image!
Lease Terms:
Base Rent is only $3,950 NNN per month!
Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,500 per month.
The lease offered is triple net (NNN) with a 2% annual increase, structured initially for a 5-year term with three renewal options of 5 years each-totaling up to 20 years available!
Located in a growing region of Texas with excellent highway access!

Buyer's Responsibilities:
Acquisition Fee: $50,000
First Month's Rent: $3,950
Security Deposit: $20,000
Goodwill: ZERO GOODWILL

If interested, please call or text us anytime at (770) 664-9999


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,044,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

View Larger Photo(s) Of Business
Shutdown Corporate Store For Sublease Photo 1




Print Listing Id: 700405936
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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