Corporate Gas Station Business-only in Opelika, AL
Store Information:
Interstate Exit Location
Store is currently branded!
Fuel contract with commission structure and shared credit card fees!
C-Store inside sales are currently $35,000 per month.
Outside sales are 25,000 gallons per month at 3 cents fixed commission per gallon.
Reason for selling: The seller does not work at the location and does not have a proper manager in place. Huge opportunity for an Owner-Operator!
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.
Lease Terms:
Rent is only $1,500 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! Otherwise, the Buyer may choose to exit after the initial 5-year term.
Buyer Responsibilities:
Acquisition Fee: $50,000
First Month's Rent
Security Deposit of $25,000
Inventory at cost
ZERO GOODWILL!
Demographic and Geographic Details:
Located right off Interstate-85!
Median Household income is $55k!
Population is increasing by 6% year-to-year!
Near to an Elementary, Middle and High School serving 4,200 students and faculty!
Just 3 minutes from a busy truck parking club, driving consistent traffic and visibility to the location.
Less than 20 minutes from Auburn, AL! 30 minutes from Columbus, GA! Less than 2 hours from Atlanta! 1 hour from Montgomery, AL!
Zero Goodwill! Buyer will only need to pay an Acquisition Fee of $50,000 and a security deposit of $25,000.
Financials (USD)
Asking Price $50,000
Cash Flow Not Disclosed
Sales $420,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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