Kimble Oil C-Store and Bulk Fuel Delivery

Challis, ID (Custer County)

Kimble Oil C-Store and Bulk Fuel Delivery
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Asking Price: Get Financing: $650,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $95,000

Inventory: $90,000

Real Estate: $375,000

Established: 1952

Kimble Oil C-Store and Bulk Fuel Delivery

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Business Description

This Challis, Idaho service station first opened in 1952 and Kimble Oil has been successfully operating since 1995. The Company offers a diverse product mix with several stand-alone profit centers; a modern convenience store, bulk fuel sales and delivery, bulk oil sales, UPS contract, and service bay. The diversity of Kimble Oil provides strong operating revenue and has netted a $140,000 operating profit average over a six-year period as gross sales have bobbed with community downsizing and changes in commodity pricing at the pump. Kimble Oil has carried the Phillips 66 brand but is not under a fuel contract with the current supplier. Kimble Oil continues to meet all EPA/State/Federal requirements and is insured under the State Petroleum Fund. The Owners have employed a strong operations team and have been passive in operation for several years. The offering includes Real Property, Working Assets, Business Worth, and Current Inventory.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Kimble Oil is located on Highway 93 frontage one block north of main street in Challis, Idaho (visit http://www.challischamber.com). This location provides great access to the community and to Custer County residents but more importantly is a prime location for the heavy tourist and truck traffic that Highway 93 generates as the gateway to Canada-Nevada. Custer County has three million acres and is located in Central Idaho. The County boasts dramatic landscapes from the highest peak in Idaho to the Frank Church River of No Return Wilderness area. Challis is a strong community of 1,000 residents and is the gateway to year round outdoor activities from recreation to camping to hunting and to world class trophy fishing!! Visit Custer County’s web site at http://www.co.custer.id.us/.
Competition:
Kimble Oil is a diverse company that works daily with convenience store area ranchers, farmers and miners. Annual gross sales have bounced around over the last six-year average, but operating cash flow is very stable. Receivables do not post beyond 30 days.
Growth & Expansion:
Kimble Oil has built a strong operating procedure with dedicated and experienced employees. This is a great opportunity for an active owner-operator and the company is diverse to support several family members operating different profit centers and has the demand to expand and meet the area’s ATV demand. The company continues to grow and based on the increase of tourists the future is very bright.
Reason for Selling:
The owners are ready to retire.
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Arthur J. Berry

Business Listed By:
Art Berry

Arthur Berry & Company

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