Price: $1,590,000
Location: Vancouver Island
Province: British Columbia
Industry: Gas Stations
Listing ID: VANCOBC002-N546
This is an established gas station with a convenience store and auto repair service on Vancouver Island.
Located on a major route, this gas station is busy year round and provides exceptional repair services ensuring a consistent client base and increased profitability. The various income streams provide a diverse income base and generous profit margins for the industry.
With well-trained and seasoned staff in place, this is an excellent opportunity for a new owner-operator or a seasoned owner with multiple locations. Property and equipment provided through a long-term lease.
Business Asking Price: $1,590,000
Type of Sale: Share Sale
Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Networking Capital of $70,000 (Inclusive of Inventory)
Total Sales: $6,239,000
EBITDA: $407,000
Employees: Over 5 Employees
Reason For Sale: The Seller is looking to retire.
Training & Support: The Seller will provide an agreed period of training and transition to the new owner.
Potential Growth: Growth opportunities and expansion potential available in a Confidential Information Memorandum.