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All-in-One Gas, Convenience, Liquor & Laundromat

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Complete NDA for Full Overview

Price: $4,990,000

Annual Revenue: $7,200,000

Minimum Equity Required: $1,750,000

SDE: $543,000

Location: Alberta

Industry: Gas Convenience Car Wash, Services

ID: 1259

Description

Very successful gas station, laundromat, car wash, and liquor store in Northern Alberta. Contains 16 washers and driers in the laundromat, a 3 bay car wash, and a convenience store.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Revenue Breakdown

2020
Gas Station and car wash: $5,106,523
Liquor Store: $2,056,353 Laundry Mat: $44,087

2019
Gas Station and car wash: $5,804,426
Liquor Store: $2,050,107

2018
Gas Station and car wash: $6,614,795
Liquor Store: $2,262,641 Laundry Mat: $51,242

** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Our expectations are for a minimum 35% down payment on the final negotiated purchase price, with the balance of the agreed upon business value being financed over 6 - 7 years and the real estate being financed over 20 years.

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

0.717 Acres Building : 8,700 Sqft

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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