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This branded convenience store and gas station is in a very vibrant retail market in the central Salt Lake Valley, adjacent to lots of residential properties and other retail businesses. It is located on a major north-south thoroughfare with 24,000-25,000 cars passing daily. Gas sales average about 40,000 gallons monthly with 4 2-sided automated pumps. The store averages 750 customers/day. Development in the area -- a 50-unit condo building and a new meeting center -- are helping to boost revenue.
The seller is a semi absentee owner and wants to retire. Because she doesn’t work in the store full time, the payroll expense is higher than comparable stores in this market.
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