Ultramar gas station/Convenience store Marché Express (Building with land, restaurant and apartment)

Ultramar Gas Station & Marché Express Convenience Store
Oil facilities and convenience store just renovated.
In constant progression for several years with still a potential for increase.
Ideally located on the main street of Upton, 15 minutes from St-Hyacinthe.
Constant traffic and loyal customers.
Area selling pet products with high profit margins.
Possibility of opening a restaurant thanks to the new facilities.
Apartment available on the second floor.
Good income and profits, ideal for professional, entrepreneur or investor.
Turnkey with financing available.

GENERAL INFORMATIONS

Type of business: Gas station, convenience store, fast food possible
Type of property: Business sale / Goodwill / Real estate sale
Name: Ultramar and Marché Express
Asking selling price: $890,000 (The building and the business must be sold together)
Region: Montérégie, Address: 300 Principale Street, Upton, QC J0H 2E0
Reason for sale: New projects
Date, deadline for signing the deed of sale, occupancy deadline 30 days after acceptance
Involvement of the seller after the sale: 2 weeks as needed
Inclusion: Building, land, convenience store, oil tankers and restaurant equipment, convenience store contract until 2033 and oil contract until April 30, 2032.
Exclusions: Convenience store inventory (about $95,160) and tanker on consignment, material on consignment (Coke, Pepsi, Redbull refrigerator…)
In operation since: Current owner since 2016
Stage of development: Growth
Specifics of your business: The station includes 2 islands with 2 back-to-back multi-hose fuel and diesel dual feed dispenser pumps, each of which includes 4 products and 6 hoses with calculators. The station also includes air supply piping, a 24′ x 27′ canopy, 1 compartmented 80,000 liter fuel tank. Everything is new.
Sales in litres:
2016: 2,841,506 liters / 2017: 3,341,582 liters / 2018: 3,559,108 liters / 2019: 3,422,375 /
2020: 3,082,251 liters / 2021: 2,631,641 liters / 2022: 2,486,810 liters
Since the installation in November 2022 of new pumps with integrated payment (the only one in town), the increase has been clear.

COMPANY DESCRIPTION

Financial situation and forecasts: Very good

HUMAN RESSOURCES

Management team: Owner who works only when needed, employees work every hour
Number of employees: 2 full-time and 4 part-time

ULTRAMAR / EXPRESS MARKET

Since 1961, Ultramar has established itself as a leader in the petroleum industry in Eastern Canada. Its network of nearly 800 service stations makes it one of the largest distributors of petroleum products in Ontario, Quebec and the Atlantic provinces. Investing to become the owner of a service station means connecting to proven know-how, opting for a turnkey concept as well as leading support for all operations related to your business project. The advantages: Personalized support, in particular for access to credit when buying a franchise; Connection to a sales team available throughout Eastern Canada; Inventory control system performed by an electronic point of sale terminal; Access to strategic agreements with various suppliers; State-of-the-art inventory distribution service; Active and convincing marketing department to generate traffic to your station; Consignment supply mode for stations to remain highly competitive.
Owning a Marché Express convenience store: a host of advantages! It means working with a team of friendly and talented people who have your success at heart. It also means taking advantage of the many financial advantages offered by Parkland to help your business prosper. You will not have any fees or charges to pay each month. You will also benefit from Parkland’s preferential prices on all products, and our integrated management system will allow you to optimize your stocks and your daily activities. Fewer costs, more profits. As a Marché Express retailer, here are your advantages: National promotions and advertising, Merchandising support, Operational support, Access to private brands, Corporate prices on products, Corporate prices on tobacco products and alcohol, Flexible merchandising options and bonus structure, Turnkey conversion option, No upfront costs, No royalties and no monthly fees.

MARKET

Description of the gas station and convenience store market in Quebec: The gas station and convenience store market in Quebec is an important sector of the province’s economy. This is a mature market made up of major international oil companies such as Esso and Shell. But Canadians and especially Quebeckers favor Canadian oil companies like Petro-Canada and of course Ultramar.
Clientele: mainly local
Description of the competition: a single old station
Market opportunities: increase ready-to-eat choice. Operate or rent the restaurant from the same building. Completed and rented the second floor apartment.

BUSINESS HOURS

Monday to Friday: 05:30 – 22:00
Saturday and Sunday: 07:00 – 22:00

MEDIA

https://www.ultramar.ca/en/find-gas-stations/upton/300-rue-principale-41744/
4.3/5 with 82 Google reviews

FINANCE

Sales as of July 31, 2022: $1,064,026 (gas commission $135,228, convenience store-pet store $928,798, Lotto 21%)

Possibility to rent the restaurant and the apartment.
For homeowners, income would exceed $200,000

BANK

Bank Name: BMO

DESCRIPTION OF THE BUILDING

Detached commercial building (initial construction in the 1950s, the building has benefited from major renovations, the most recent being at the end of 2022.
Land 108.6 x 126.10 sf = 13,769.19 sf
Municipal taxes (2023) $4820.23 / School taxes $501 $ (2022)
Building area 3342.19 sf
Possibility of Apartment about 700 p2
Restaurant approximately 1,000 p2
Large parking lot
Terrace: 6 people, extension possible
Existing alcohol license for the convenience store, possible for the restaurant
The building is in excellent condition

MARKET STUDY ON REQUEST

VISITS

Appointment preferences: Evening​
Discretion requested​

Stanislas Didier Founding President Canada : +1 514 618-9165 France : 07 66 37 69 66 [email protected]	Benjamin Espaze Real Estate Broker RE/MAX L’ESPACE 514 581-9116	Brian Slattery Real Estate Broker LI IMMOBILIER 514 953-8829 [email protected]