Shutdown Corporate Gas Station with Subway Franchise for Sublease
Property Description
Site is currently closed.
Store previously averaged 65,000 gallons per month in fuel sales and $35,000 per month in inside sales!
Lease Terms:
Rent is only $1,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $4,500 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.
Jobber Contract Terms:
Fixed commission: 3 cents per gallon
Credit card fees: ZERO (Jobber responsible for 100% of Credit card fees)
Jobber contract runs concurrently with the lease
Jobber is fully responsible for fuel equipment maintenance.
Store is branded 76!
Store Information:
Subway Fast Food QSR Franchise is already setup onsite! Tenant will be responsible for upgrading the reimage per franchise requirements. Tenant may sublease the Subway franchise! Massive opportunity for an operator to upgrade and relaunch food operations!
Demographic and Geographic Details:
Located in a growing region of South Carolina with excellent interstate access and room for strong recovery in both inside and outside sales!
Median Household income is $47k!
Close proximity to restaurants such as Hardee’s, Belly full by tyger, Chinatown, and Harold's Country Club.
Schools nearby include Fennell Elementary School and Community Technical School!
The City and County have committed over $1,000,000 towards upgrading water lines; extending sewer services; replacing septic systems; constructing new sidewalks, lighting, and stormwater infrastructure to improve pedestrian access; and demolishing dilapidated properties, aiming to revitalize neighborhoods and enhance public safety.
1 hour from Savannah, GA! 1 hour 20 min from Charleston, SC! 1 hour 40 min from Brunswick, GA! Less than 2 hours from Augusta, GA!
Buyer Responsibilities:
Acquisition Fee: $30,000
First Month's Rent
Security Deposit of $15,000
Inventory at cost (none because store is shutdown)
Goodwill.
Asking Price for Business-only just $15,000! Buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $15,000.
Store previously averaged 65,000 gallons per month in fuel sales and $35,000 per month in inside sales!
Lease Terms:
Rent is only $1,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $4,500 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.
Jobber Contract Terms:
Fixed commission: 3 cents per gallon
Credit card fees: ZERO (Jobber responsible for 100% of Credit card fees)
Jobber contract runs concurrently with the lease
Jobber is fully responsible for fuel equipment maintenance.
Store is branded 76!
Store Information:
Subway Fast Food QSR Franchise is already setup onsite! Tenant will be responsible for upgrading the reimage per franchise requirements. Tenant may sublease the Subway franchise! Massive opportunity for an operator to upgrade and relaunch food operations!
Demographic and Geographic Details:
Located in a growing region of South Carolina with excellent interstate access and room for strong recovery in both inside and outside sales!
Median Household income is $47k!
Close proximity to restaurants such as Hardee’s, Belly full by tyger, Chinatown, and Harold's Country Club.
Schools nearby include Fennell Elementary School and Community Technical School!
The City and County have committed over $1,000,000 towards upgrading water lines; extending sewer services; replacing septic systems; constructing new sidewalks, lighting, and stormwater infrastructure to improve pedestrian access; and demolishing dilapidated properties, aiming to revitalize neighborhoods and enhance public safety.
1 hour from Savannah, GA! 1 hour 20 min from Charleston, SC! 1 hour 40 min from Brunswick, GA! Less than 2 hours from Augusta, GA!
Buyer Responsibilities:
Acquisition Fee: $30,000
First Month's Rent
Security Deposit of $15,000
Inventory at cost (none because store is shutdown)
Goodwill.
Asking Price for Business-only just $15,000! Buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $15,000.
About the Property
- Type
- Building Status
- Established
About the Lease
- Rent
- $1,000.00 per month
- Lease Is NNN
- Yes
Listing Info
- ID
- 2380414
- Listing Views
- 835
Business Location
Listing ID: 2380414 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.
