Price: $1,000,000
Annual Revenue: $5,035,000
Minimum Equity Required: $400,000
SDE: $185,000
Location: New Brunswick
Industry: Gas Convenience Car Wash
Listing ID: 1400
Listing Status: New
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 sale is structured as a sale of 100% of the authorized and issued share capital of the company. For the purposes of this offering, the price considers Working Capital to be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
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
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