ESSO GAS STATION BUSINESS FOR SALE

932 Brock St N Whitby, Ontario     

RON NAMEN 647-236-9797

PIC1

ESSO Gas station Business located in populated area , close to 401 and Dundas Street, recently renovated, selling the business , leases 10+5+5, very profitable,, returns  around24% annually, including Gas, Diesel, Convenience store, Drive True Mr. Sub, Country Style, Yogen Früz, (see attached information sheet) Please call the L.A. for more Information, some VTB Available.

 

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AGE:

2001 BUILT
HOURES 24/7
PUMPS 5 (4 + 1 Diesel)
Tanks  2 Double Wall Fiber Glass Installed 2009
Environmental 2010

 

INCOME
Gas Volume 4.4 ML/Y
ITEM TOTAL NET INCOME/Year
Gas $ 4400000/LY 4C/L  $ 176,000.00
Convenience Store                                    $189,800.00 33%  $ 62,634.00
Lotto                                      $321,200.00 7%  $ 22,484.00
ATM                                            $6,000.00 NET  $ 6,000.00
Cigarettes                                       $584,000.00  $               1.00  $  55,845.00
MR. Sub                                    $365,000.00 55%  $  200,750.00  *
Country Style                                      $328,500.00 60%  $ 197,100.00    *
Yogen F.                                       $91,250.00 60%  $ 54,750.00      *
TOTAL INCOME  $   775,563.00
 *PROJECTION/3 MONTS OPERATION STARTED NOVEMBER/2015

 

 

COSTS
 ITEM Yearly net
Property Tax  $                                        24,000.00
Alarm  $                                              360.00
Esso Royalty  $                                          8,100.00
Haydro  $                                        33,600.00
Employees  $                                      240,000.00
Insurance  $                                          2,040.00
Licenses  $                                              400.00
Credit Cards  $                                        43,200.00   TBF
Office  $                                              600.00
Rent  $                                      174,000.00
Garbage  $                                          2,400.00
Land scap./snow  $                                          3,000.00
Phone-Internet  $                                          2,160.00
Water $                                                 3360
Gas 0
Total Costs  $     537,220.00
Net Income  $ 238,343.00

 

ASKING PRICE  995,000.00

Approximate Cap Rate: 24%

 

All of the information stated herein including but not limited to the sales figures and costs are according to the seller and must be verified by the buyer before purchasing.