$1,525,000 FOR SALE

Business for Sale

Gas Station

Lot: 211.67 x 165 ft

102 King Street
Cobalt, ON P0J 1R0

1.5 million litre sales + approximately $700,000 in ancillary revenues - Gas station being offered with 0.80 acres of land in the growing city of Cobalt! Amazing business opportunity with a proven track record of high profitability. Situated on a busy intersection with high traffic volume, the station serves both local residents and travelers, ensuring a steady stream of customers year-round. With annual fuel sales of 1.5 million litres with a strong margin, this station is a top performer in its category. In addition to fuel, the station boasts approximately $700,000 in ancillary revenues, including convenience store items, car wash booth, residential apartment (2+ den), propane and other high-demand products, adding diversity to the revenue stream and increasing the overall profitability of the business. The station is known for its excellent customer service and has built a loyal customer base over the years. With a well-trained staff, the business runs smoothly, and the management system is in place to ensure efficient operations. This is a rare chance to acquire a well-established and highly profitable gas station in North Cobalt, an area that is poised for lots of further growth. With impressive fuel sales, additional high-margin revenue streams, and a prime location, this opportunity offers tremendous potential for continued success. Whether you're an investor looking for a stable cash flow or an entrepreneur seeking to expand into a thriving market, this gas station represents an excellent opportunity. **** EXTRAS **** Transferable liquor license, 2 car wash bay, propane refill center, lots of storage space, myriad of business growth on 0.80 acre lot, 2 bedroom+den residential apartment upstairs, space for Indian grocery items (in high demand), and more! (id:47423)

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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number T10441085
Last Updated Nov 21, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Gas Station
Franchise Non-Franchise
Community Cobalt
Price History
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Detailed Information
Bathrooms 2
Lot 211.67 x 165 ft
Listing Contract Date 2024-11-20
Location Description King St / Lakeview Dr
# of Parking Spaces 10
Property Type Business
Transaction Type For sale
Zoning Description Commercial
Business
Business Type Service
Business Subtype Gas station
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Utility Water Municipal water
Land
Total Size 211.73 x 165 FT
Sewer Sanitary sewer
Size of Irregular Land 211.73 x 165 FT

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