| Asking Price |
$170,000 | Inventory |
$75,000* |
|---|---|---|---|
| Gross Income |
1,176,250 | Real Estate |
|
| Cash Flow |
$92,186 | Year Established | 1991 |
| FF&E |
N/A | Employees | 8 |
* included in the asking price
** not included in the asking price
This business had an income of apx. $125k on sales of $2.8 mil. 4 years ago. The owner turned it to his sons and moved out of state. Sons neglected the business, raised gas prices to .30 to .40 higher then anyone in the area to avoid paing for filling thier tanks and let in store inventory go. Current owner purchased in Nov. 08. Added diesel, built inventory up, changed prices to be competitive, remodeled store. It is very attractive and well stocked. The business has increased in sales every month. Seller lives at least 40 miles away and purchased another business which takes up his time. This is the reason for sale. Very motivated since his wife comes in and does the ordering and now school is out with child at home.
Facilities: Beautiful facility with drive-thru window. Current lease is 7 plus years. Located north end of Salt Lake Valley on east side.
Competition: This is a great east side location.
Growth/Expansion: Great opportunity to add fast food, such as a Dairy Queen Express, since this facility has a drive thru window. Also has good seating.
Support/Training: Seller will provide full training.
Reason Selling: Extensive driving distance from home and change in family situation

David Keith
801-355-9990
David Keith and Associates
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