Shutdown Corporate Store For Sublease In Clarendon, Texas For Sale - Business for Sale
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Automotive Fuel and Convenience Store in Clarendon, TX
Clarendon, TX, US
Added 7 months ago
Automotive & Boat, Transportation, Retail Stores
5 years in business
A currently unbranded automotive fuel and convenience store in Clarendon, Texas, available for sublease and scheduled to be rebranded as a Phillips 66 location next month.
Key Information
Asking
$50K
Revenue
$1.0M
Earnings
$75K
Multiple
0.7x
Key Highlights
- Inside sales: over $87,000 per month
- Outside sales: over 36,000 gallons per month
- Lottery commission: $2,450 per month
- Years established: 5
- Lease: $3,950 NNN per month plus $1,500 estimated NNN expenses
- Lease term: 5 years initial, three 5-year renewal options (up to 20 years)
- Jobber contract: fixed 3 cents per gallon commission, jobber pays 70% of credit card fees and handles fuel equipment maintenance
- Store will be rebranded to Phillips 66
Contact Info
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