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Gas Station & Convenience Store in Eastern Idaho

Location: Eastern Idaho

ID: (#200650)

This Business Has Been Sold.
200650
Price:$890,000
Revenue:$1,072,000
Cash Flow:$55,000
FF&E (Assets):$10,000
Inventory:$12,000
Real Estate:$760,000

Overview

This well-known local staple is poised for consistent growth in a $100 billion industry. Serving the community since 1981, this gas station has become a familiar landmark location for locals and pass-through traffic, where customers frequently fill up on gas and grab a bite to eat at one of Idaho’s award-winning BBQ restaurants. With a prime highway exit location and a high volume of foot traffic, the opportunity is excellent for first-time industry owners, or companies seeking expansion.

Details

Reason for Selling:

Retirement

Established:

1981

Employees:

12

Facilities:

The company owns the entire facility. Built in 1981, the commercially zoned property is located on 0.6 acres and contains some unused land that could be used for expansion purposes. The building is 2,750 sq ft. The property includes office space, new HVAC, new walk-in cooler, new roof, security system, two single-stall bathrooms (male/female), storage, 20 parking spots, ATM, and six gas pumps. Three underground fuel tanks. 12,000 gal. regular, 10,000 gal. premium, and 2,000 gal. diesel tanks.

Competition:

Despite other competitors in the surrounding area, the company has not seen a decline in revenue from new gas station and convenience stores entering the market. The company strategically kept their prices lower to remain competitive, and local opinion is that the business offers the best prices in town.

Opportunities for Growth:

This well-known local staple is poised for consistent revenue generation in a $100 billion industry. The recession-resistant gas station and convenience store industry will continue its reliability, regardless of economic pressures and consumer preferences. Sales are consistent throughout the entire year without volatility in volume which helps the company to keep inventory levels optimal and predict trends.

Support and Training

The seller will remain with the company for up to 90 days to assist in the transition and training of the new owners.

Broker Contact Information

  • Alex Hart
  • Idaho - Idaho Falls
  • (208) 390-0075 Mobile
  • (208) 401-9523 Office
  • Appointment Only:
  • Bristol Group
  • Idaho - Idaho Falls
  • By Appointment Only
  • 333 W. 49th S.
  • Idaho Falls, Idaho 83404
  • Real Estate Broker: Bristol Group