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- RE: 5 High Volume Corporate Stores For Sublease In TX
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $187,500 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 992892 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Stores will be rebranded to Phillips 66!
Four locations are high volume with strong inside sales, outside gallons, and high lottery commission!
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:
Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,500 per month per store.
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: $30,000 per store
First Month's Rent
Security Deposit
Inventory at cost
Goodwill
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Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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