Asking Price:

$1,575,000

Gross Income:

N/A

Cash Flow:

N/A

FF&E:

$805,000.00 *

Inventory:

$30,000.00 *

Real Estate:

$740,000.00 *

Year Established:

N/A

Employees:

N/A

Business Types:

Convenience Stores
Gasoline Service Stations

* included in the asking price

Business Description

LOCATION, LOCATION! As you enter or exit the Wood River Valley all motorists pass this modern Shell Convenience Store in Bellevue. The overall asset strengths of the C-store area are impressive: the largest fueling site in the Valley, an elevated 53’ x 80’ canopy that can handle the winter snow load, modern pumps, triple-lined plumbing, Corning Fiber Glass tanks, 5,200 SF store with 20’ x 13’ Beer Cave, over 22 feet of coolers, new Point of Sale systems, grill kitchen, large walk-in cooler, and so much more for a new owner to build on. This location is complimented by the EPA as the “Cadillac Location”. Total sales surpass $2 million per year with inside store sales varying from $560,000 to $400,000. Discretionary money and the economy have impacted the locals’ buying power but 32 degree beer sure helps to weather the storm. Recently the owners added a Gift Shop that is well received by travelers. The store is licensed for retail, C-store, and restaurant which is equipped with hood system, coolers, freezers, and more that has not been fully utilized. The separate 5,200 SF store is located on .65 acres. The store has the ability to offer deli products or could accommodate a franchise offering deli products. Margins for fuel and inside store sales are excellent and the store generates a strong net operating profit.

Detailed Information

Facilities:

See "Listing Summary."

Competition:

The Shell Convenience Store supports a diverse Customer base; the large fueling area is able to accommodate the large motor homes and travelers with a modern and clean fueling area. Inside Store Sales are supportive of the traveler and the Valley based customer. The Beer Cave is huge and provides the coldest product in the market. In addition there is over 20 feet of built-in coolers to meet the demand of the traveler. A new owner would certainly have the options to expand offering with fast food, ice cream, sporting goods.

Growth/Expansion:

The Shell Convenience Store was built to compete n the Valley for a long time; the assets are first class, in fact the pumps were just updated less than two years ago. The Offering could be ideal for a chain that is looking to compete in the Wood River Valley or an independent entrepreneur. The property profile is built to expand.

Financing:

Owner would consider leasing back the real property

Reason Selling:

The owners need to "slow down" and step back.

Broker Information

Arthur J. Berry

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