$50,000

ZERO Goodwill! High Volume Corporate Store for Sublease in Clarendon, Texas!

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

Details

Price: $50,000
Property Type: Business-only
Purpose: Rent
Status: Available
Address: Clarendon, TX
State: TX
City: Clarendon
Country: USA

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The locations for these businesses are approximate and not exact. Please do not visit these locations based on the map.

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