Shutdown Corporate Gas Station For Sublease
Fairlee, VT Orange County
Fairlee, VT
Request More Information Contact the Seller
- RE: Shutdown 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 #: | 993847 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Store will be rebranded to Phillips 66!
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!
- 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.
Acquisition Fee: $30,000
First Month's Rent
Security Deposit of $12,500
Inventory at cost (none because store is shutdown)
Goodwill
Located in a growing region of Vermont with excellent highway access!
Median Household income is $43k!
Lake Morey Country Club, Lake Morey Resort, Leda's Pizza and Peyton Place Restaurant.
Nearby schools like Becket School, Samuel Morey Elementary School and Rivendell Academy, which serves over 500 students and faculty, is within 5 miles.
Less than 3 hours from Albany, NY! 3 hours from New Haven, CT and Montreal, Canada!
>>
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 Vermont businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
