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Gas Station Convenience With Liquor Store Under Offer For Sale

Nova Scotia, Canada
Asking Price:
$459,000 (CAD)
Sales Revenue:
$1,350,000 (CAD)
Cash Flow:
$100K - $250K (CAD)

This is a completely renovated Convenience Store and Gas Station in Cottage Country Nova Scotia.

The store consists of a Convenience Store, 3-year old Gas Station, NSLC Liquor Store, Fishing gear/Tackle Shop and Bakery. An Ice Cream Parlour is opened during the summer season.

A few highlights:
- Owners do not work day to day "IN" the business.
- Possibility for additional revenue with take-away menu and/or addition of pizza, addition of ice maker, and many other options.
- Super efficient Geothermal Heating System.
- Located next to very busy tourist destination, Provincial Park and Campgrounds.

Location is a 30 minute drive to a major retail and commercial centre, 1 hour drive from other major city centres, and 1 international airport.

Total Revenues have been greater than $1.35M each of the last 3 years.
Sellers Discretionary Earning have averaged $113k, and have been growing every year.
Total inventory of Gas, Alcohol, and Grocery as of December 31, 2018 was $103k
Seller's discretionary earnings is the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses.

41,740 square feet of land.
+- 1,928 square feet commercial building.
Drilled will and on site septic. There are no public washrooms, just staff.
The property has seen some significant renovations in the past several years. All gas tanks and pumps were installed new in 2015, so only 3 years old.

Property Information

Real Estate:

Real Property Included

Location:

Nova Scotia

Premises Details:

Cottage Country

Business Operation

Competition / Market:

No

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