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Store Information:Interstate Exit LocationLocation is a major franchiseSales (without gas and lottery) are $350,000 per month! There are three separate businesses: The c-store, restaurant, and mechanic shop. Mechanic shop sales are $140,000 per month with VERY high margins! Mechanic shop is only open Monday thru Friday! Restaurant sales are $95,000 per month! C-Store inside sales are $115,000 per month!Lottery commission is $2,400 per month!Outside sales are 400,000 gallons per month at 3 cents fixed commission per gallon! Jobber Contract Terms:Fixed commission: 3 cents per gallonCredit card fees: Jobber pays 70% and Buyer pays 30%.Jobber contract runs concurrently with the leaseJobber is fully responsible for fuel equipment maintenance.Lease Terms:Rent is only $19,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) as well as Franchise Fee is $30,000 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: $50,000First Month's RentSecurity Deposit of $100,000Inventory at cost guesstimated at $700,000Goodwill of $349,000Demographic and Geographic Details:Located RIGHT off the Interstate!Median Household income is $69k! Population is increasing by 2% year-to-year!Near to an Elementary, Middle and High School serving over 2,400 students and faculty!Less than 9 hours from Atlanta! 1 hour 30 min from Columbus and Toledo, OH as well as Fort Wayne, IN! 1 hour from Springfield, OH and Dayton, OH! Asking Price for Business-only: $349,000 plus inventory! Buyer will also need to pay an Acquisition Fee of $50,000 and a security deposit of $100,000.
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