Store is branded Marathon!
Fuel contract with commission structure and shared credit card fees!
The Car Wash IS included!!
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 $6,000 NNN per month, which includes both the gas station and the car wash. 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.
Demographic and Geographic Details:
Located in a growing region of Boise with excellent highway access!
Boise State University is located just 15 min from the store and has over 27,000 enrolled students!
The median household income is $66k!
Nearby restaurants include Magnificent Garden, Romio's Greek & Italian Kitchen and Luciano's Italian Restaurant!
Hotels in close proximity are Hilton Garden Inn, Oxford Suites, Hampton Inn & Suites, and Homewood Suites by Hilton!
Nearby schools include Jefferson Elementary School, Monroe Elementary School and Owyhee Elementary School collectively serving over 600 students and faculty!
2 hours 30 minutes away from Boise National Forest!
1 hour from Ontario, OR! 2 hours from Twin Falls, ID! 2 hours 30 minutes from Sun Valley, ID!
Buyer Responsibilities:
Acquisition Fee: $50,000
First Month's Rent
Security Deposit of $25,000
Unexpired Inventory at cost
Zero Goodwill
Asking Price for Business-only: Zero Goodwill plus unexpired inventory at cost! Buyer will also need to pay an Acquisition Fee of $50,000 and a security deposit of $25,000.
Ad#:2416770
