Closed Corporate Gas Station For Sublease
Bellows Falls, VT Windham County
Bellow Falls, VT
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- RE: Closed Corporate Gas Station For Sublease
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $15,000 | |
| 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 #: | 993316 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Site is currently closed.
Fuel contract with commission structure and shared credit card fees!
Store will be rebranded to Phillips 66!
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 to Phillips 66!
Lease Terms:Â
Rent is only $1,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,700 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! Otherwise, the Buyer may choose to exit after the initial 5-year term.
Demographic and Geographic Details:
Located in a growing region of Bellow Falls with excellent highway access!
Median Household income is $55k!
Near the Connecticut River with significant river tourism!
Close proximity to restaurants such as Dari Joy, Famous Pizza, China Garden, Pizza Palace, Miss Bellows Falls, Donovan's, Wunderbar, Ciao Popolo, Jamaican Jewelz, Cafe 9 of Cups, Athens Pizza.
15 minutes away from the Central Elementary School and Bellows Falls Middle School collectively serving over 500 students and faculty!
1 hour 20 minutes from Concord, NH and Springfield, MA! 2 hours from Albany, NY and Worcester, MA! 2 hour 30 mins from Schenectady, NY and Boston, MA!
Buyer Responsibilities:
Acquisition Fee: $30,000
First Month's Rent
Security Deposit of $12,500
Inventory at cost (none because store is shutdown)Â
Goodwill
Asking Price for Business-only: $15,000! Buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $12,500.Â
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Located in a growing region of Bellow Falls with excellent highway access!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Vermont businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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