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Prime Investment Opportunity – High-Traffic Gas Station & Tim Hortons!

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Turnkey Business with Strong NOI & Growth Potential – Own a Thriving Richmond Hill Landmark!

Project Name:
PIONEER GAS STATION
+ TIM HORTONS

PROPERTY : GAS STATION
CATEGORY : COMMERCIAL
LAND SIZE/ACRS : 0.5
ZONING : Commercial/Highway
NOI : $1,250,000 
GROSS INCOME : $21,350,000
Asking Price : $11,200,000
PROGRESS : OPERATIONAL
NUMBER OF UNITS : 1

THE SUBJECT PROPERTY

SALE OF THE PROPERTY + BUSSINESS+ ALL RIGHTS AND CONTRACTS

This Gas Station is located in a very strategic location and high traffic location of Richmond Hill , The whole area close to this Gas Station is currently under extensive residential developments

The Gas Station has been completely renovated and all of the Pumps and equipment’s have been replaced .2016

It has Drive thru Tim Hortons , Convenience Store , Gas and Diesel, ATM, Propane .

The land is approximately 0.5 Acre<
 
Tim Horton’s pays 6% of the gross sale.


The current Owner is an investor living out of the country. The Business running by a manager.

THE CURRENT CONTRACT WITH THE PIONEER , BUT COULD BE CHANGED TO ANOTHER FIRM LIKE ESSO IN THE FUTUR, AND AS A RESULT THE NET PROFIT WILL BE INCRESED
 
TANKS:
4 DUBBLE WALL/FIBERGLASS
REGULAR 65000/L
REGULAR 35000/L
SUPER 35000/L
DIESEL 35000/L
 
The latest environmental is available (from 2018).

Bird's eye view of a highway

High-Traffic Location:
Strategically positioned in a rapidly developing residential area of Richmond Hill.

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Turnkey Operation:
Fully renovated gas station with brand-new pumps and equipment (2016).

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Tenant Stability:
Tim Hortons pays 6% of gross sales.

Multiple Revenue Streams:
Includes a Drive-Thru Tim Hortons, Convenience Store, Gas & Diesel, ATM, and Propane Sales.

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Flexible Fuel Contracts:
Opportunity to switch from Pioneer to Esso or another brand to increase net profit.

Key Investment Highlights

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