Longstanding Gas Station and Convenience Store

Price: $1,000,000

Annual Revenue: $5,035,000

Minimum Equity Required: $400,000

SDE: $185,000

Location: New Brunswick

Industry: Automotive Dealers and Gasoline Service Stations

ID: 1400

Status: New

Description

This property has been a staple in the local area for over 30 years, offering steady customer traffic and a solid reputation for friendly service and reliability.
There's a consistent revenue generation from both fuel and store sales.

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.

Financial Information

Asking price of the Business is $1,000,000 plus inventory, real estate included.

Annual Revenue and Seller's Discretionary Earnings:
2023
Revenue: $5,035,000
SDE: $185,000

2022
Revenue: $4,520,000
SDE: $210,000

2021
Revenue: $3,780,000
SDE: $200,000

* 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.

** Please refer to our Minimum Equity requirements. Our expectations are for a buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

The property is a Gas Station with a Convenience Store strategically located in the middle of the town.

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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