Burgeoning Truck Stop

Price: $30,000,000

Annual Revenue: $56,000,000

Minimum Equity Required: $11,000,000

SDE: $1,595,000

Location: British Columbia

Industry: Gas Convenience Car Wash, Transportation, Services

ID: 1371

Status: New

Description

Attention Real Estate Developers, Investors, and Business Operators.

There are an additional 7 acres of prime land available for development, with a value of + or - $12MM, in addition to this busy business.

Exceptionally well located, this business comprises of a gas station, card lock, convenience store, restaurant. There are electric vehicle charging stations in this station, with lounges and available showers for truckers.

- 8 Cardlock pumps, 8 Gasoline pumps , 1 for propane
- 24 EV charging station and 2 Diet fuel pumps
- 4 BC Hydro EV Charging stations will be installed in February 2024
- Store inventory is around $150,000 and fuel is about $600,000

Additional development potential is significant.

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

Revenues:
2023 (Until August 31): $31,447,848.77
2022: $56,224,895

NOI
2022: $1,594,914

** 2023 will be the first full year since due to the flood and Covid19

Operations

The business includes a restaurant at 4,500 sqft and a convenience store at 4,000 sqft.

The land size totals 16 Acres, only 12 acres are usable due to 4 Acres located at mountain.
- 4 Acres : used for travel centre,
- 1 Acre : used for driveway or entrance etc.
- 7 Acres: can be developed for the future expansion or
other facility like self storage, Vehicle repair, QSR, etc.

*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

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

Complete NDA for Full Overview
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