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GAS STATION WITH LEASED RESTAURANT

Listing Serial No.
FG1539968335
Description

                              - Convenience store :  3,583 Sqft , Restaurant : 4,200Sqft

                               - Double Wall Fiber Glass  Tank (100,000 L X 3)

                                 Tank 1 (Regular : 750,000L, Premium : 25,000L)

                                 Tank 2 (Cardlock  :100,000L)

                                 Tank 3 (  Cardlock :50,000L, Diesel :50,000)

                               -Leased   restaurant

                              - Laundry facility and shower facilility

                             -Two bay Truck wash(Business only)

DESCRIPTION 

 

SITE AREA:                                      4.5 Acres more or less

                                                           

ZONING:                                           C 4 Highway commercial

 

 

 

AGE:                                                   -     Built in 1989 ,  Totally renovated in 2008,  Current owner since 2007 September   

            

REBATE                                   C2/L with Parkland  for  retail ,  C1.2/L with Husky for Cardlock

 

RESTAURANT LEASE          $14,000 /M (Triple net)+ GST with Common area cost  $3,800/M       

                                                 Lease started from September 1, 2018 and   Two more 5 year

                                                 Renewal  option.

                                                 Highway Digital sign will be $2,000/M from December 2018.

                                                Total  rental income  : $16,000/M

 

REVENUE & GAS  VOLUM                   2015              2016                 2017

                                     Retail     (L)        2.2m               1.8 m                  1.9 m

                                     Cardlock(L)        4.0 m              4.4 m                  3.5 m

                                     Store      ($)         1.7 m              1.4 m                 789,564

                                     Gas        ($)   5,686,808       5,377,870             5,338,052

                             Commission  ($)        76,903            56,060                  50,285

                                      Rental   ($)      184,062         171,308                 171,129

                                      Car wash ($)  288,960          144,483                    80,167

                                       SUM      ($)  7,936,733    7,149,721              6,429,197             

 

 

  NOI                                           $455,174                                   

                                                                             

CONFIDENTIALITY AGREEMENT
RE : FG1539968335

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 16 day of November, 2017.

Name

Email

Phone

Acceptance of CONFIDENTIALITY AGREEMENT

  I agree.


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