Convenience StoresTexasUpshur

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Food Fast Branded C-Store - Gilmer, TX 75644Food Fast C-Store for SALE OR LEASE
$575,000Seller Financing
Food Fast Branded C-Store - Gilmer, TX 75644Food Fast C-Store for SALE OR LEASE

Gilmer, TX

416 S Wood St, Gilmer, TX 75644 *SELLER FINANCE AVAILABLE ECONOMICS: Monthly Rent: $3,650 / Goodwill: $90,000 *this is base rent only, it does not include and allocation for tenant's property taxes, insurance, repairs and maintenance, etc. Purchase Price: $575,000 **if purchased, rather than leased, property will be sold with a deed restriction of not less than 15 years requiring fuel to be purchased from Fikes Wholesale, Inc. (or any affiliate or subsidiary thereof) Inside Sales: 2017 - $719,260 2016 - $1,102,940 Fuel Gallons: 2017 - 361,993 2016 - 612,655 2017 Ad Valorem Taxes: $6,589 LEASE TERMS: Term: Minimum term of 60 months (5 years) Availability: Immediate - (subject to customary license transfers and registrations) Fuel Supply: Separate fuel agreement with Fikes Wholesale, Inc. to be executed at closing (or lease execution). Inventory: To be purchased at closing (or lease execution) per separate agreement. Inspection: DO NOT APPROACH OR DISCUSS WITH STORE EMPLOYEES PROPERTY INFORMATION: Underground Storage: 2 tanks - 12,000 RUL; and 12,000 (split 6,000 PREM / 6,000 DSL) Dispensers: 4 Gilbarco Advantage - 3x B78 (3+0) and 1x B21 (diesel, dual sided master) Site Size: 27,193 SF Building Size: 1,500 SF POS System: VeriFone Commander

Valero Branded Convenience Store - East Texas
$1,875,000
Valero Branded Convenience Store - East Texas

Upshur County, TX

Well established store - Average inside sales $140,000 / month Average Fuel Sales 70,000 gallons / month


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