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Listing ID: 2960639

Trans-Canada HWY Truck Stop For Sale

Alberta, Canada

CA$ 3,490,000


(Real Estate Included)

Revenue: CA$ 5,500,000

Cash Flow: CA$ 353,000

Business Description

Well positioned Trans Canada Truck Stop, minutes from major city, offing all services expected from the growing transportation sector and populations of Western Canada. Convenience store, Leased Restaurant, Laundry and Shower facility, Two bay Truck wash.

Totally renovated in 2008, including tanks, current owner since 2007.

Room for growth to add a fast food franchise, 50 unit hotel, or perhaps expand existing building to add lounge with VLTs.

Financial Information
2018 Revenues = $5.5M
2018 NOI = $353k

Restaurant Lease = $14k/mth Triple Net. New 5 year lease, start Sept. 1/18, 2 five year options.
Billboard Lease = $2k / mth

Minimum Equity Required
$1,600,000 + inventory

Real Estate
Built in 1989, totally renovated in 2008.
+ or - 4.5 acres of land
City approved development agreement

Property Details

Property Type:

Real

Inventory Value:

CA$ 300,000

Other Details

Business Location:

Southern Alberta

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