John Yun (604) 500-4339 | David Seo (306)730-9871

    Merville Gas Station & Conv. & Liquor Store

    19959 Silverview Rd, Hope, BC, Canada, V0X 1L0

    Description

      Executive Summary 


    • Business Name: Merville Esso General & Liquor Store
    • Owner Company: 590155 BC LTD.
    • Property Address: 6635 N Island Hwy, Merville, BC, V0R 2M0
    • Zoning: C – 1
    • Land Size: 0.493 Acre or 21,475 Square Foot
    • Building Area: 2,238 Square Foot
    • Asking Price: $399,000 (Business Only, Land and building not included)

     

    • Price includes: Gas Station & Store Equipment, Goodwill
    • Right to apply for a RAS license to continue the liquor store business
    • Right to negotiate and collect the rent from:
      Post office (Inside the store) – Currently $400 + tax per month
      Vet Clinic (Separate building) – Currently $1,100 incl. tax per month
      Restaurant (separate building) – Closed due to Covid-19 but the rent would be $1,400 + tax per month
    • Right to negotiate and contract with petroleum suppliers and get paid a forgivable loan (approx. over $250,000)
    • Right to receive a fuel rebate from a petroleum supplier (approx.$3,000 per month based on annual fuel sales of 2,500,000 liters)

     

    • Inventory: Not included in the sale price (approx. $50,000)
    • Lease: Basic Rent $10,000 per month
    • Current lease expiry: July 31, 2024
    • Renewal option available upon landlord’s approval
    • Property tax (approx. $10,000 in 2019), Property insurance and all building and property maintenance cost to be paid by the tenant
    • Net basic rent after rents collected from other tenants and fuel rebates would be approx. $4,000 per month

    Remark


    • Note: The gas station equipment needs to be re-certified and some parts need to be replaced for the operation (approx. cost $2,000)
    • The sale is based on “as is where is” condition of the property and the buildings.

    For more information, please contact John Yun at 604-500-4339 / info@johnyun.ca or David Seo at 306-730-9871 / info@davidseo.ca asap!

    For more information including pertinent financial or internal information, please click the link below to download “Confidentiality Agreement”. Please sign and forward it back to us by email: info@johnyun.ca or info@davidseo.ca.

     

    Features

    Features:
    • Ample Parking
    • Convenience Store
    • Diesel
    • Equipment & Chettels
    • Goodwill
    • Hi Octane Gas
    • Inventory Not Included