Independant Gas Station Not Publically Listed
www.GlobalBX.com
Listing ID:
700240843
Listing Title:
Independant Gas Station Not Publically Listed
Quick Link:
http://www.globalbx.com/listing.asp?bId=240843
Industry:
Auto Related
Industry Segment:
Gas Station
Country:
Canada
State / Province:
Ontario
Area
City:
Ottawa
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2011
Number of Employees:
1 - 3
Business Description:
INDEPENDANT GAS STATION WITH 3 BIG BAYS for repairs, owner installed new pumps (not brand new pay at the pump ones, still have to go inside to pay) but they are like new condition, new canopy over the pumps, new canopy over the garage, new digital sign for gas price, new stucco face on the garage, painted inside with new stainless steel benches, parking lot has been repaired, they are selling over 2 million litres a year, but can do more, if they stay open longer or reduce price to beat the completion, because they make between 6 to 7 cents per litre instead of the 2 cents at a branded station. and cigarette sales are through the roof, if you took one of the big bays to make a bigger convenience store and sell hot dogs, snacks and that stuff you will do awesome there, its in a residential area, next to a school and lots of NEW government office buildings also , so a lot of people come there, and city has changed zoning, so you will never have any competition. based on rent from family tenants, (lot more potential) owner would sell for 6.9% cap.
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