Closed Gas Station W/ Subway Franchise Sublease

Business Overview:

Site is currently closed.

Store previously averaged 65,000 gallons per month in fuel sales and $35,000 per month in inside sales!

Lease Terms: 

• Rent is only $1,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $4,500 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. 

Jobber Contract Terms:

• Fixed commission: 3 cents per gallon

• Credit card fees: ZERO (Jobber responsible for 100% of Credit card fees)

• Jobber contract runs concurrently with the lease

• Jobber is fully responsible for fuel equipment maintenance.

• Store is branded 76!

Store Information:

Subway Fast Food QSR Franchise is already setup onsite! Tenant will be responsible for upgrading the reimage per franchise requirements. Tenant may sublease the Subway franchise! Massive opportunity for an operator to upgrade and relaunch food operations!

Demographic and Geographic Details:

Located in a growing region of South Carolina with excellent interstate access and room for strong recovery in both inside and outside sales!

Median Household income is $47k!

Close proximity to restaurants such as Hardee’s, Belly full by tyger, Chinatown, and Harold's Country Club. 

Schools nearby include Fennell Elementary School and Community Technical School!

The City and County have committed over $1,000,000 towards upgrading water lines; extending sewer services; replacing septic systems; constructing new sidewalks, lighting, and stormwater infrastructure to improve pedestrian access; and demolishing dilapidated properties, aiming to revitalize neighborhoods and enhance public safety.

1 hour from Savannah, GA! 1 hour 20 min from Charleston, SC! 1 hour 40 min from Brunswick, GA! Less than 2 hours from Augusta, GA!

Buyer Responsibilities:

• Acquisition Fee: $30,000

• First Month's Rent

• Security Deposit of $15,000

• Inventory at cost (none because store is shutdown) 

• Goodwill.

Asking Price for Business-only just $15,000! Buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $15,000. 

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.

Market Competition and Expansion:

Located in a growing region of South Carolina with excellent interstate access and room for strong recovery in both inside and outside sales!

Additional Details:

Relevant Links:

• View more South Carolina businesses for sale
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