102 King St , North Cobalt, ON P0J
North Cobalt, ON P0J
Description
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.
Details
| Mls | T10441085 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | New |
| Days On Site | 16 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | Not Provided |
Features
| Baths | 2 |
|---|---|
| Sq Feet | 34,848 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Timiskaming |
| City | North Cobalt |
| Zip Code | P0J |
| Area | Cobalt |
| Listing VS Median (in P0J) | |
Price: $1,525,000 low | high Med: $1,525,000 SqFt: 34,848 low | high Med: 34,848 $ / SqFt: $44 low | high Med: $44 On Site: 16 low | high Med: 16.000000 | |