Price: $1590000

Location: Vancouver Island

Province: British Columbia

Industry: Gas Stations

Listing ID: VANCOBC002-N546

Description

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)

LISTING DETAILS

Total Sales: $6,239,000

EBITDA: $407,000

Operation

Employees: Over 5 Employees

Summary

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.

LISTING BROKER

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