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- RE: Shutdown Corporate Gas Station For Sublease
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $37,500 | |
| 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 #: | 993046 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
No COAM Contract!
Store will be rebranded to Marathon!
Fixed commission: 3 cents per gallon
Credit card fees: Jobber pays 70% and Buyer pays 30%.
Jobber contract runs concurrently with the lease
Jobber isfully responsiblefor fuel equipment maintenance.
Store is currently unbranded and will be rebranded to Marathon!
- Rent is only $1,000 NNN per month! 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.
Buyer Responsibilities:
Acquisition Fee: $30,000
First Month's Rent
Security Deposit of $15,000
Inventory at cost (none because store is shutdown)
Goodwill
Located RIGHT off Interstate-16!
Median Household income is $82k!
Close proximity to restaurants such as Huddle House, La Palmas Mexican Restaurant, Boneyard BBQ, Bakers BBQ, Chen's China, Subway, and Tiny Burger.
Less than 3 hours from Atlanta! 1 hour from Macon, GA! 1 hour 40 minutes from Augusta and Savannah, GA! 2 hours from Albany and Tifton, GA! Less than 3 hours from from Columbia, SC!
Asking Price for Business-only: $37,500! 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.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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