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102 King Street Image 1

$1,525,000

Nov 21, 2024Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #T10441085

102 King Street, Temiskaming Shores, ON P0J 1R0

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 102 King Street

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!

Home Overview

Last updated

Feb 13

Virtual tour

None

Basement information

Building size

0.8

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by HOMELIFE/MIRACLE REALTY LTD

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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