Business Summary:
THE COMPANY
This new and modern C-store has 350 feet of highway frontage. The fuel service bays have overbuilt canopies, heated areas around the pumps, 24 hour security cameras, separate islands for over-the-road diesel customers and separate storage and pumping for propane. The store itself is customized with Alder wood, tiled floors and custom cabinetry ready to service the most demanding of customers, whether Jackson Hole bound bus or families enjoying the recreation of the Tetons. The plan for business includes a self serve car wash, a separate drive through franchise (Burger King-McDonalds) all on the existing lot. The master plan of the C-Store has ample parking and includes building pads to meet the Valley’s exploding growth and demand.
THE LOCATION
Thayne, Wyoming in Star Valley has enjoyed continued growth for the last decade but the explosion of recreation owners in the Valley has almost doubled in the last five years. Star Valley now has world class golf courses, features the gateway to Jackson Hole and the Teton Mountain Range and provides the most diverse outdoor recreation in the west from World Class Fly fishing to Trophy Elk and Deer Herds. Star Valley has gone from a sleepy dairy community to hosting recreation growth. The property, location, and asset base for the Convenience Store is without comparison for quality and construction. The company is designed for expansive growth which accommodates diversity of product mix to meet an owner’s interest. Products can be expanded for Food Services, Recreation, Sporting Goods, Car Wash. Whatever customer needs are, the store and location can meet growth.
THE STRENGTHS
The diverse customer base includes seasonal customers such as families on the way to Jackson and Yellowstone Park and fly fishermen looking to fish some of the best world class waters. But the core customers who continue to grow by the day are the local merchants-ranchers-cabin owners that work and recreate in the valley. As the community grows, there is more demand for commercial and contractor accounts but the owner has relied on the day-to-day customers and tourists. There are now several bus tours that stop specifically for the freshly made doughnuts and gourmet coffee.
THE REASON FOR SELLING
The owner’s dream and commitment has been to build a modern, high profile convenience store in a community that he thoroughly enjoys. The cash demands and learning a new industry have been overwhelming and have caught the seller under capitalized. If he could generate a capital contribution he would not be looking to sell. He now is motivated to sell and retire his debt and move onto his core career.
THE IDEAL BUYER
The only thing holding back the total growth package for this operation is additional capital to complete the other services. The property was designed to accommodate a fast food franchise and the demand in the valley would support this investment. In addition, the owner designed the property profile to put in an automatic car wash. The percentage of dirt roads in western Wyoming would keep a 24 hour car wash busy 12 months a year. The business continues to grow and an independent owner-operator could be very profitable. An industry buyer with the capital to complete the project would find a very strong return on investment.
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