Owner Financing is Available!
Business Overview:
This business is located along busy Interstate 15 in Southern Utah, with abundant traffic past the site. The business has multiple revenue sources, including a convenience store, automotive detail shop, coffee shop and carwash in 6,970 square feet. There is a small 200 square foot fast food restaurant located in the store. It is situated on three parcels totaling .92 acres. All square footage is approximate. The coffee shop is leased to an independent operator for $ 500 per month and the restaurant rents to another independent operator for $800 per month. Both are excellent attributes to the overall operation and a good source for passive income. The carwash specializes in “hand washes” and has a 70 foot drive-through rinse tunnel. Additionally, there are three vacuum lanes leading to the car wash. The detail shop does most of their work for individuals.
The facility and equipment are in very good condition. The owners purchased it a little over a year ago and spent a considerable amount to clean, paint and upgrade the property. It shows very well and has excellent exposure to the traffic with good ingress and egress. It is surrounded by retail businesses and other types of businesses and offices.
Because of some serious family dynamics, the owners have decided to sell the business and property. There are two assumable loans on the property. One is an SBA for approximately $479,000 and one is a conventional loan for approximately $672,700. The balance would be paid in cash to the seller.
This is a great opportunity for a good business manager with convenience store or grocery store management experience to take this business to the levels it is capable of reaching.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
family issues
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.