This historically profitable business is located next to an I-15 on-ramp along the Wasatch Front. It is on a busy thoroughfare with over 30,000 cars passing by daily. There are seven profit centers:
1. A drive-up window for coffee and fast food
2. A touchless carwash. They offer a free carwash with $35 purchase, and nearby car dealerships are regular customers. 3. Inside sales. The C-store has two food warmers and an ice machine
and offers unique products that cater to the local Hispanic population
4. Gas sales. The three steel tanks are fiberglass-lined and were re-certified new in 1998. The unleaded tank holds 8,000 gallons and the diesel and premium tanks each hold 6,000 gallons. There are 8 pumps.
5. An ATM
6. U-Haul rentals
7. Propane tank sales/refills
This business has the potential to be a lucrative sole proprietorship. At present, current owner has run the store as an absentee-owner and relied on full-time staff to manage day to day operations. Depending on how a potential buyer runs the store, significant improvements can be made.
Because the current owner has had the business for less than 6 months, up-to-date financials are not available. Therefore, the business is aggressively priced at less than asset value.
includes $20K in leasehold improvements