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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Utah Businesses For Sale Categories   >>   

Gas Station / Carwash / Convenience Store

Location  Utah,United States
Asking Price Range  < $250K
Gross Revenues  $2559551
Net Profit / Cash Flow  $81966
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1987
Number of Employees  4 - 5
Inventory  105000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  negotiable as needed
Reason for Sale  retirement
Description  This profitable business is located next to a freeway on-ramp along the Wasatch Front. It is on a busy thoroughfare with over 30,000 cars passing by daily. It has had the same owner-operator since 1987. There is a drive-up window for coffee and fast food as well as a touch-less carwash. The C-store has two food warmers and an ice machine. The owner participates in a secret shopper program and has been at 75% or better on all inspections. Lease has been negotiated down to $4,100, and has 8 years remaining with two 5-year options. The steel tanks are fiberglass-lined and will not need to be inspected for another eight years. A new owner could increase business by adding U-Haul rental - there is space for the trucks on the property's west parking lot. The business is priced at $105,000 -- the value of the furniture, fixtures and equipment, although the seller has put in another $250,000 in leasehold improvements. He will consider a down payment of $70,000 to $75,000, and a note for the balance at 3% for 36 months to an experienced and credit-worthy buyer. The buyer will also pay for the inventory (approximately $20,000) at closing.
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