Canada Commercial Realty

8080d3401986e2543efb2208b11863a0

C.403.680.6130 | francislee@canadacommercialrealty.ca

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Gas Station

MOTEL with LEASED GAS STATION & RESTAURANT

Views: 891

Listing Serial No.

FG1618012236

Price

.

Description

INVESTMENT SUMMARY

 

DESCRIPTION:

– 30 room Hotel with leased Restaurant, Gas Station and Convenience Store and a Card Lock Facility.

–  Renovated the Gas station from June to September 2020.

    a)  new fuel line installed between tank and pump . .

    b) STP replace for trucker/for  high speed

    c) Expansion C-store (3,000Sqft)

    d) walk in cooler/ new floor, new kitchenette: cooler, Freezer salad bar. prep table ,2 pizza ovens, new furnace/ coffee bar, cashier counter

– Disel: 25,000L, Preminium : 25,000L, Regular : 65,000L

– Potential to increase  the revenue by adding Liquor store .

– The site has double walled ZCL fibreglass tanks with brine filled interstitial space in 2003.  Leak detection is monitored by a Veeder Root System.  The site also has an Omntec Tank gauging system.  The piping is a new OPW Flex double walled piping installed in an existing Geo duct system with new ICON entry boots installed to isolate the geoduck from the under dispenser and turbine sumps.

 

SITE AREA:                                      3.6 Acres

ZONING:                                           Highway Development district  and M1  Industrial

 

REVENUE:                                  room                    Rental         Shell Gas station          Others                      NOI

2021 (March 31)     $297,118            $155,807          $1,217,838              50,819                 $336,118

2020(March 31 )     $449,319            $208,879                                                                                   $366,484

2019 (March 31)     $ 572,161           $209,640                                                                                   $463,729

Note : Owner  had operated the gas station from October  1 2020  after  completion of the renovation to March 31, 2021 for 6 Months.

 

– Gas station has leased out from April 1, 2021.

 

CONFIDENTIALITY AGREEMENT

    RE :

    I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell Canyon Creek Realty Francis Lee.

    I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell Canyon Creek Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

    I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell Canyon Creek Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
    Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell Canyon Creek Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

    I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell Canyon Creek Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta.

    Accepted and agreed this .