Shutdown Corporate Gas Station
Ludlow, VT Windsor County
Ludlow, VT
Request More Information Contact the Seller
- RE: Shutdown Corporate Gas Station
- 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 #: | 993290 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Store will be rebranded to Phillips 66!
Building is 1,870 sq ft!Â
Fuel contract with commission structure and shared credit card fees!
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!Â
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 Vermont with excellent highway access!
Median Household income is $59k!
Close proximity to restaurants such as DJ's Restaurant, Johnny's Kitchen, Homestyle Hotel | Restaurant, Willie Dunne's, The Hatchery, The Downtown Grocery, Mojo Cafe, Goodman's American Pie, The Cookster, and Tacos Tacos.
Schools nearby include Okemo Mountain School and Ludlow Elementary School!
Less than 2 hours from Albany, NY! Less than 3 hours from Boston, MA!Â
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 Vermont 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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