Gas Station & Convenience Store
Location New Brunswick,Canada
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $70000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Inventory 120000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training 2 weeks
Reason for Sale New ventures
Description This is a great growth opportuntiy for a hands on operator, the business is located in a high traffic area of Northern New Brunswick with tremendous income potential. Vendor is willing to sell business separate from the real estate, buyer can lease the property with an option to buy the real estate at a later date under a lease term or the vendor will assist in vendor financing.
Facilities: This business has only been in operation for the past 12 months by an investor who bought the property to resell. Gas station currently, has 6 gas pumps, propane, convenience store, cafe/bakery, and two self service car wash bays. It also has one Video Lottery Gaming Terminal (VLT) with possibility of a second gaming terminal being added by new owners for added profitability. This property was commercially appraised recently at $330,000.00 before the cafe/bakery was added.
Location Description: This property is located on a very high traffic road connecting two communities. There is a high volume competitor approx. 1 km away on the opposite side of street.
Building Square Feet: 2,477 sq ft.
Financial Information:
Asking: $350,000.
Current Property Expenses: Property Taxes are approx. $6,339.
Financing: Vendor may be willing to help with financing based on offers.
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