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Gas Station & General Store

The Affordable Business Partner A better way to buy & sell businesses in Alberta Southern, Alberta General Store, Cafe & Fuel Center Investment level: 1,450,000 ( Plus Inventory) Are you looking for a change in lifestyle and a business that offers a regular work week schedule, with the option (if desired) to increase the variety revenue streams. Perhaps you are raising a family or thinking of retirement and want to trade the high paced city life, to live in one of the prettiest places in Alberta. Our clients have decided after 6 years it is time for a change, and are interested in working with a family that will benefit, as they have, from the ownership of their Turn-Key General Store & Fuel Center. Some of the key values & features of this business. The sale also includes a large custom-built residence located on the property. All gas pumps and tanks have been replaced in 2021. Aside from fuel sales, the business also offers a variety of additional revenue streams such as: In store bakery. (Wholesale and Retail) Licensed Café, and Convenience Store Business at a glance Sales: (2019) 1,297,554 (2020) 1,277,395 (2021) 1,428,457(Business was closed for April/March ) Seller’s Discretionary Income: (2019) 104 267 (2020) 99,875 (2021) 151,550 (Business was closed for April/March Covid) Buyer repayment model:(OAC) With a Cash Down payment of 540,000 Principle Loan Payment Amortized over 20 years Plus financing of inventory of 130,000 = a blended yearly payment of approx. 102,955. After loan payments are made owner operator working 40 hours per week would expect to see a yearly blended income of: Net Income: 50,000 Owners Salary : 40,000 Residence yearly savings: 18,000 Yearly financial benefits: 100,000-108,000 No previous experienced required as the owner has created a comprehensive business transitional plan to help ensure the continued success of the business. Thank you

Ad #
39358679
Posted
January 18, 2022
Expiry
April 18, 2022
Status
EXPIRED
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