Description

GAS STATION, CONVENIENCE STORE

LIQUOR STORE & RENTAL INCOME!

ALL-IN-ONE PACKAGE!

GREAT CASH FLOW & EASY OPERATION!

Winlaw Minimart TEMPO has been serving local residents and travelers for many years now since 1960’s. It is strategically located right on Highway 6 at least 15 km away from the next gas, food or liquor establishments in the beautiful Slocan Valley region of the West Kootenay area in South East BC.

Great Cash Flow Business Opportunity with Super Easy Operation! It has branded to TEMPO gas station in 2016 and the cash flow is still trending upwards every year. The property and buildings have been maintained well and are in above average condition. There are post office and cabin with RV on the same property that pay over $40,000 of rental income as well.

The whole property is about 1.5 acres and there’s still lots of room for business expansion. Just bring your idea! The sellers are retiring after running the business for 12 years. The Annual Gross Revenue of more than $3.6M (2018) with Annual Net Income of more than $470K after all wages paid. If looking for solid and profitable business opportunity for great cash flow, you should check this out before it’s gone!

So please contact the listing agent, John Yun at 604-500-4339 for more information asap before this rarely available opportunity is gone!

Absolutely No Direct Contact To Sellers, Employees, Staffs

EXECUTIVE SUMMARY

• Business Name: WINLAW MINIMART TEMPO

• Owner Company: Kim’ Holdings (Winlaw) LTD

• Property Address: 5722 Highway 6, Winlaw, BC, V0G 2J0

• Legal Description: Lot A Plan NEP22391 District Lot 3464 Land District 26

• Manufactured Home Reg.# 11801

• P.I.D: 023-132-248

• Zoning: C - 1

• Land Size: 1.51 Acres

• Building Area: Store 3,800 SF, Post Office 1,200 SF (Leased), Cabin 400 SF (Rented)

• Manager’s Residence 700 SF (Manufactured Home)

• Built in: The main improvement was built in 1952

• Fuel Contract: Tempo, 7 years remaining (Expiring in 2026), however contract

• cancellation can be discussed upon Buyer’s inquiry

• Dispenser & Pumps: 2 Dispensers, 6 Pumps (Self-Serve, Pay Inside)

• Tanks: 50,000 Litre Aboveground Steel Double Layer Tank Installed in

  2016 (35,000 Litre for Regular Gas and 15,000 Litre for Diesel Gas)

• Environmental Report: Phase II ESA Report (done in 2016) available for the qualified buyer

• upon signing “Confidentiality Agreement”

• Open Hours: Mon to Fri 7 am to 8 pm, Sat & Sun 8 am to 8 pm

• Staffs: Currently 9 Full and Part-time employees (The current owners are semi-absentee owners)

• Annual Sales Volume: Total Annual Sales Over $3.6 million

• Gas Sales Approx. $840,000

• Convenience Sales Approx. $1.5 million

• Liquor Sales Approx. $970,000

• Lotto, ATM, Propane & Lease Income Approx. $290,000

• Annual Net Income: Over $470,000 (after all expenses and wages paid)

• Further Information: Pertinent financial information available to qualified buyers.