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$1,349,000
Available - For Sale
Listing ID: T12289892
1.5 million litre sales + approximately $700,000 in ancillary revenues Gas station being offered with 0.80 acres of land in the growing city of Cobalt! Amazing business opportunity with a proven track record of high profitability. Situated on a busy intersection with high traffic volume, the station serves both local residents and travelers, ensuring a steady stream of customers year-round. With annual fuel sales of 1.5 million litres with a strong margin, this station is a top performer in its category. In addition to fuel, the station boasts approximately $700,000 in ancillary revenues, including convenience store items, car wash booth, residential apartment (2+ den), propane and other high-demand products, adding diversity to the revenue stream and increasing the overall profitability of the business. The station is known for its excellent customer service and has built a loyal customer base over the years. With a well-trained staff, the business runs smoothly, and the management system is in place to ensure efficient operations. This is a rare chance to acquire a well-established and highly profitable gas station in North Cobalt, an area that is poised for lots of further growth. With impressive fuel sales, additional high-margin revenue streams, and a prime location, this opportunity offers tremendous potential for continued success. Whether you're an investor looking for a stable cash flow or an entrepreneur seeking to expand into a thriving market, this gas station represents an excellent opportunity. **EXTRAS** Transferable liquor license, 2 car wash bay, propane refill center, lots of storage space, myriad of business growth on 0.80 acre lot, 2 bedroom+den residential apartment upstairs, space for Indian grocery items (in high demand), and more!
Price $1,349,000
Taxes: $5,400
Tax Type: Annual
Occupancy by: Owner
Address: 102 King Street , Timiskaming, P0J 1R0, Timiskaming
Postal Code: P0J 1R0
Province/State: Timiskaming
Legal Description: PCL 10556 SEC SST; LT 101 W/S QUEEN ST,
Directions/Cross Streets: King St/Lakeview Dr.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: With Property
Use: Gas Station
Building Percentage: T
Total Area: .8
Total Area Code:  Acres
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 7:00AM
Employees #: 2
Seats: 0
 Management Expense: 0
Maintenance: 0
Water Expense: $0
Net Income Before Debt: $400000
Expenses Actual/Estimated: $Act
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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HOMELIFE/MIRACLE REALTY LTD

102 King Street , Timiskaming, P0J 1R0, Timiskaming


 
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Type: Com - Sale Of Business
Area: Timiskaming
Municipality: Timiskaming
Neighbourhood: Dufferin Grove
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Lot Size: x 165.00(Feet)
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Tax: $5,400
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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