Hot Listing
High Volume Corporate Store for Sublease in Clarendon, Texas!
Business Description
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
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
About the Business
- Website
- https://riverbrokers.com
Real Estate
- Owned or Leased
- Leased
- Rent
- $6,000.00 per month
Listing Info
- ID
- 2391377
- Listing Views
- 799
Business Location
Listing ID: 2391377 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
