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Gas Station Liquor Store and Laundromat in Alberta

Description

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

 

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall 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 all of your questions.

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

Real Estate

0.717 Acres Building : 8,700 Sqft