Memphis, TN, Fuel Company-Owned Gas Station

Memphis, TN, Fuel Company-Owned Gas Station for Lease $25k Key Money

This is a must-see location with everything new, including the canopy, store, and 5 pumps. This location has it all, including a 1,500-square-foot convenience store that has a history of $85,000 a month in sales. There are two canopies here, one with its own separate diesel compartment and three high-speed diesel MPDs with easy access for trucks to pull in and out. The diesel was set up for the trucks with a roundabout behind the building that leads the trucks right out to the main road. There are two MPDs for the other grades that were pumping when opened 75,000 gallons a month combined with the diesel. The fuel company is offering a rent of $7,000 with 3 months of free rent so the new operator could establish new clientele for the business that is currently closed since it was just purchased. The lease will be a 10-year triple net (NNN) lease with a 10-year option for the right qualified buyer. The fuel company has taken care of everything already, and it's ready to be operated. With everything new and ready to go, the only thing missing here is you. If you are in Memphis and looking for a good investment, this is the place for you. The asking price for this mini truck stop is only $25,000, with the fuel company requiring a fuel deposit of $25,000 and three months of rent deposit. That's only $71,000 all in on this mini truck stop that is ready to run with options on the fuel that will be up to you. The fuel options are as follows: RACK+2, and you put your own pricing or a commission agent site with. 05 cents per gallon; the choice is yours.

Financial Information

STORE SALES $85,000 HISTORY
LOTTERY TBD
GALLONS 75,000 WHEN OPENED
POOL MARGIN .22 WHEN OPENED
STORE SIZE $1,500 SF RETAIL SPACE
CANOPY YES ALL IN WORKING CONDITION
MPD 5 UPDATED
RENT $7,000 3 MONTHS FREE
LEASE 10 PLUS 10 YEAR OPTION 20 YRS
ASKING PRICE $25,000 LAST AND FINAL