High Volume Gas Station & Convenience Store - $150,000 Cash Flow
Location New Brunswick,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 4 - 5
Inventory 160000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 4 Weeks
Reason for Sale Retiring
Description This business is located on a very busy highway in one of the fastest growing communities in New Brunswick. The location is excellent and growth potential is very good. A hands on experienced owner will be able to realize an above average return on investment. Don't let this one slip by.
Facilities: The gas station is a major brand name and has 6 pumps. The tanks were installed new in 1992 and are double wall fibreglass with sensors. There are two tanks, one 7500 gallons and the other 5000 gallons. The convenience store carries groceries, tobacco, lotto and videos. There is plenty of room for parking an it has excellent visibility being located on a busy highway.
Competition: This business is located in a very busy bedroom community near a large New Brunswick city. There are two other similar businesses near buy and all have co-existed for a number of years. There is very little chance of any new competitors moving into the area. The community is also one of the fastest growing in New Brunswick.
Growth and Expansion: It is very unlikely that any competitors will be allowed to move into the community; therefore it is poised for continued growth as the area expands rapidly. There is also only one main road in and out so it has a captive market. Currently there are no liquor agency stores in the area, so this would be a major expansion possibility.
Support/Training: Vendor will provide 4 weeks of training.
Reason Selling: Owner is retiring.
Year Established: 1991.
Financial Information:
Asking: $665,000.
Gross: $1,200,000.
Cash Flow: $150,000.
Click Here To Contact Seller
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