Esso Branded Gas Station - Turn Key - Okanagan BC

May 11, 2020 — This location has been operating as a Gas Station for over 50 years. Significant improvements totaling over $600,000 have been made over the last decade. These improvements include new pumps, new signage, and upgrades to the Convenience Store. Today it is a modern, sparkling, and inviting branded Gas Station and C - Store. Truly a turn-key opportunity.

Facilities:
The convenience store is bright, clean, well-equipped, furnished and spans a total of approximately 1,650 square feet in size. There is a functional POS system in place. There are 3 modern pumps with an updated computer system and the island canopy is well-lit with LED lights. Also includes an easy-to-access area for propane refills.

Growth / Expansion:
This business is best suited to an ambitious "hands-on" owner-operator to increase business sales and develop additional customer loyalty. Take advantage of the significant asset value relative to the asking price of this business.

There is a vacant 300 sq ft space included with the lease that can be used to add a third business revenue stream or could potentially be sub-leased.

Major construction to Highway 97 was completed about a year ago. This resulted in significantly improved access in front of the business and the sales are continually increasing.

Asking Price: $129,000
Gross Revenue: $2,400,000
SDE Cash Flow: Ask for details.

Inventory Included: No
Inventory Value: $30,000

Real Estate Included: No
Real Estate Value: N/A

Type of Sale (Share/Asset): Asset

Square Footage: 1,650

Is this a leased space: Yes
Monthly Rent: $4,000 (plus triple net)
When does lease expire: 2030

Years in Business: 2000 / 20 years

Number of Employees (FT / PT): 2 FT / 1 PT

Seller Financing Available: Possibly
Seller Financing Details: To be discussed.

Owner willing to train? Owner is willing to train.
Reason for selling: Owner is seeking other opportunities.

Any images used for this posting may not be a representation of the actual Business or Property for sale