Gas Station, Garage, Towing, C-Store And Apartment
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $1400000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1940
Number of Employees 1 - 3
Inventory 250000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available.
Reason for Sale Retirement.
Description Business operation: this is a well-established gas station and convenience store. Their customers are the local residents and the visitors to the high school and fishing area close by. The present owners bought the business and it has been in the family for forty plus years.
Reason for sale: the owners wish to move on and to retire. The convenience store is presently rented to a relative. A transition period will be arranged as needed, as well as a non-compete if desired by the purchaser.
Sales/profits: the business operates on a fiscal year basis, with the end of September being the end of the fiscal year. Sales were running in the $1,000,000 per year range plus the convenience store sales of around $375,000 per year. Sales include over 1/2 million liters of gas per year. Profits are commensurate with other businesses in the area with this level of sales. Gas sales were halted for 9 months to replace the tanks and pumps with new equipment. Call S.R. Fulford 519-256-2200 for further details.
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