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- RE: Shutdown Corporate Gas Station For Sublease
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $50,000 | |
| 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 #: | 998638 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Store Information:
Store is branded Marathon!Â
Fuel contract with commission structure and shared credit card fees!
The Car Wash ISÂ included!!
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.
Lease Terms:Â
- Rent is only $6,000 NNN per month, which includes both the gas station and the car wash. 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! Otherwise, the Buyer may choose to exit after the initial 5-year term.Â
Demographic and Geographic Details:
Located in a growing region of Boise with excellent highway access!
Boise State University is located just 15 min from the store and has over 27,000 enrolled students!Â
The median household income is $66k!
Nearby restaurants include Magnificent Garden, Romio's Greek & Italian Kitchen and Luciano's Italian Restaurant!
Hotels in close proximity are Hilton Garden Inn, Oxford Suites, Hampton Inn & Suites, and Homewood Suites by Hilton!
Nearby schools include Jefferson Elementary School, Monroe Elementary School and Owyhee Elementary School collectively serving over 600 students and faculty!
2 hours 30 minutes away from Boise National Forest!
1 hour from Ontario, OR! 2 hours from Twin Falls, ID! 2 hours 30 minutes from Sun Valley, ID!
Buyer Responsibilities:
- Acquisition Fee: $50,000
- First Month's Rent
- Security Deposit of $25,000
- Unexpired Inventory at costÂ
- Zero Goodwill
Asking Price for Business-only: Zero Goodwill plus unexpired inventory at cost! Buyer will also need to pay an Acquisition Fee of $50,000 and a security deposit of $25,000.
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.
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:
- View more Idaho businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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