ZERO Goodwill! High Volume Corporate Store for Sublease in Clarendon, Texas!
ZERO Goodwill! High Volume Corporate Store for Sublease in Clarendon, Texas!
Price: $50,000
Industry: Gas Stations
Listing ID: CORPORATESTORESNORTHTEXAS50K
Store will be rebranded to Phillips 66 next month!
Inside Sales are over $87,000 per month! Outside sales are over 36,000 gallons per month! Lottery commission is $2,450 per month!
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 with new Phillips 66 image!
Lease Terms:
Base Rent is only $6,000 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!
Half rent will be charged upon obtaining the business and tobacco licenses. Full rent will begin once the beer/wine and lottery licenses are obtained.
Located in a growing region of Texas with excellent highway access!
Buyer's Responsibilities:
Acquisition Fee: $50,000
First Month's Rent: $6,000
Security Deposit: $20,000
Inventory at cost: guesstimated to be $80,000
Goodwill: ZERO GOODWILL
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Gross Revenue: $1,044,000
Monthly Rent: 6000