Business For Sale · Specialty

610 AB-9 Highway, Beiseker

610 AB-9 Highway, Beiseker, AB T0M0G0

$750,000 total

2,205 SF

Asset Class

Specialty

Size

2,205 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$340

Occupancy

96%

Year Built

1995

Lot Size

5.46 ac

About this property

Exceptional opportunity to acquire a high-volume, diversified business in Beiseker, Alberta, combining a gas station, convenience store and food operation with annual sales approaching $4 million. Offered at $750,000, the business generates revenue from multiple streams, including approximately 40% fuel, 22% in-store merchandise, 20% food sales, 15% tobacco and 3% lottery. The gas operation is branded with Centex, with the current agreement in place until 2032, and the fuel system includes double-wall fibreglass tanks and lines installed in 2009. The premises also include substantial additional space suitable for a full-service restaurant, previously occupied by a popular local pub, creating further potential to expand the food-service component. There may also be an opportunity to introduce VLTs, subject to applicable approvals and licensing. An on-site mobile home can accommodate up to four employees, offering a valuable staffing advantage for the operation. The property has also gained added recognition as a filming location for a popular U.S. television series. The lease includes an option to renew for an additional seven years, supporting longer-term operating continuity. Beiseker is strategically located northeast of Calgary at the junction of Highways 9 and 72, providing convenient access to Calgary, Drumheller and surrounding rural communities while serving local residents, agricultural customers and regional traffic. With strong sales volume, diversified income, an established fuel agreement, restaurant expansion potential and employee accommodation, this business presents an attractive opportunity for an owner-operator or experienced business group seeking a substantial operation with multiple avenues for growth. The business operates from leased premises and the sale does not include the real estate. Additional financial and operational information is available to qualified buyers upon execution of a confidentiality agreement. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$750K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$54K

Annual cash flow

$12K

Cash-on-cash

5.33%

DSCR

1.29

Going-in cap

7.14%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group850 SF2030-11
Meridian Health Group510 SF2030-11
Meridian Health Group400 SF2030-11
Meridian Health Group452 SF2030-11

Area demographics

Trade area within 3 miles of the property.

Population

68,047

Households

30,758

Median income

$119,000

Median age

36.6

Daytime population

92,492

5-yr growth

8.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 610 AB-9 Highway, Beiseker.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.