Shutdown Corporate Gas Station for Sublease in Ludlow, Vermont! Store will be Rebranded!

Highlights:

• Located in a growing region of Vermont with excellent highway access!

Description:

Store will be rebranded to Phillips 66!

Building is 1,870 sq ft!

Fuel contract with commission structure and shared credit card fees!
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 to Phillips 66!

Lease Terms:

Rent is only $1,000 NNN per month! Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,700 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.
Demographic and Geographic Details:

Located in a growing region of Vermont with excellent highway access!

Median Household income is $59k!

Close proximity to restaurants such as DJ's Restaurant, Johnny's Kitchen, Homestyle Hotel | Restaurant, Willie Dunne's, The Hatchery, The Downtown Grocery, Mojo Cafe, Goodman's American Pie, The Cookster, and Tacos Tacos.

Schools nearby include Okemo Mountain School and Ludlow Elementary School!

Less than 2 hours from Albany, NY! Less than 3 hours from Boston, MA!

Buyer Responsibilities:
Acquisition Fee: $30,000.

First Month's Rent

Security Deposit of $12,500.

Inventory at cost (none because store is shutdown)

Goodwill

Asking Price for Business-only: $15,000! Buyer will also need to pay an Acquisition Fee of $30,000 and a security deposit of $12,500.

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