Business For Sale

Gas Station & Convenience Store

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$399,000 $1,480,896

Automotive & Boats: Gas Stations


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RE: Gas Station & Convenience Store Broker: Elizabeth Bellit

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,480,896
Net Profit: $101,350
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 7
BBN Listing #: 53674931
Broker Reference #: Not Disclosed

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Business Overview:

This branded convenience store and gas station is in a very vibrant retail market in the central Salt Lake Valley, adjacent to lots of residential properties and other retail businesses. It is located on a major north-south thoroughfare with 24,000-25,000 cars passing daily. Gas sales average about 40,000 gallons monthly with 4 2-sided automated pumps. The store averages 750 customers/day. Development in the area -- a 50-unit condo building and a new meeting center -- are helping to boost revenue.

The seller is a semi absentee owner and wants to retire. Because she doesn’t work in the store full time, the payroll expense is higher than comparable stores in this market.

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Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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