Two Closed Corporate Gas Stations Business-only
Texarkana, AR Miller County
Texarkana, AR
Asking Price:
$50,000
Annual Revenue:
Not Disclosed
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- RE: Two Closed Corporate Gas Stations Business-only
- 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 #: | 998577 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Store Information:
- Both Stores are Branded!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.
Lease Terms:
- Rent for the First Store is $3,000 NNN per month!
- Rent for the Second Store is $2,000 NNN per month!Â
- Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,500 per month per store.
- 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: $50,000 per store
- First Month's Rent
- Security Deposit of $25,000 per store
- Inventory at cost (none because both stores are shutdown)
- ZERO GOODWILL FOR BOTH STORES!Â
Demographic and Geographic Details:
- Both Locations are only 4 min from each other!Â
- First Location is RIGHT off the Highway, making it a highly accessible location.
- Median Household income is $53k!
- Population is increasing by 2% year-to-year!
- Near to an Elementary, Middle and High School serving 1,400 students and faculty!
- Texarkana Regional Airport is less than 10 mins away from both locations.
- 3 hours from Dallas, TX! 1 hour from Shreveport, LA!Â
Zero Goodwill! Buyer will only need to pay an Acquisition Fee of $50,000 per store and a security deposit of $25,000 per store.
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 Arkansas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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