Business Summary

Central Alberta ( Approximately 1 hour from Edmonton)
Busy Gas Station and Convenience Store (includes property)
Investment level: 2,400,000 ( Plus inventory $200,000-250,000)
Financing Available OAC

For families who have long dreamed of owning their own business and investing in property but did not know where to start, our client has done everything for you.

Our client has built a strong and loyal following and has decided that now is a perfect time to retire and allow someone new to continue the success of his business.

This Gas Station & Convenience Store has been part of the community for over 15 years.

When discussing the business with the owner I asked him why, since he had no previous retail experience, he purchased the business many years ago.

His answer was it was an easy business to learn and operate, had great staff, the business offered a variety of revenue streams and no marketing of the business was required.

If you are searching for a well thought out business that you can call your own, enjoy meeting new people and want to be part of a great community then this
business should be on your must learn list.

Business at a glance
Revenue: 2020 2,900,000 2021 3,295,000 2022 3,769,000 2023-2024 Year End will be completed soon.
Sales break-down: Fuel & Lottery 55-60% Food 3-4% Groceries 30-35%
Sellers Discretionary Earnings (SDE): 2020 369,000 2021 421,000 2022 436,000 2023-2024 Year End will be completed soon.
Hours of operation: Open 7 days per week. 6am-10pm
Owners Hours: Owner works 5-6 hours per day 5 days per week. Duties include mostly
Administration but also helps with the counter when needed.
Wife helps with lunch time sales approx. 2-3 hours Monday-Friday
Latest Appraisal Completed in 2019: 2,800,000
Lots Size: 2.9 Acres
Square Footage: 3,000 sq. ft.
Employees: Fulltime 3 (with LMIA) Part Time 1

Financing is available for qualified Buyer

A Virtual Discover call with the owner will be available, once a buyer’s profile and NDA have completed. Thank you for your interest in this business opportunity!

Property Details