rbc new
  • Property Search
  • Broker Search
  • Mortgage Broker Search

Beneficial Tips to know when selling an Esso gas station close by Brampton


Business in Brampton can be quite lucrative if you venture into the right business. As the third largest city after Toronto and Ontario and being located close to Pearson Airport, transportation is good business. With transportation, comes fueling and other services related to vehicles. The business may be supported by more than half a million customers as they need to fuel their cars and check their vehicle’s efficiency. Selling an Esso Gas station needs to be done with utmost shrewdness in order to get the best out of the deal. An Esso gas station close by Brampton for sale can be the business venture for someone who’ll be willing to buy it.

What you need to know when selling a gas station in Brampton:

  • Market evaluation- this involves the seller analyzing how the location of the gas station related to the selling price of the property. In Brampton, if the gas station is located where there are few gas stations, you might need to reduce the selling price as most investors would rather buy a gas station where there are other stations. Secluded gas stations are usually characterized with low profits. You need to adjust your price with the location of the gas station. If you’re rigid, eventually you might end up selling the station for a loss.
  • Gather together all the financial records- compiling these records i.e. profit and loss statements, inventory and sales, balance sheets, a list of suppliers and the companies maintaining the gas station. These records show that the previous owner had a grip on what he or she was doing and the selling price can go higher because of this. An important record to keep is the inventory and sales since they determine the profits and losses incurred by the station.
  • Listing the gas station on a broker website- those interested in buying a gas station will not walk around the whole city of Brampton looking for a ‘for sale’ sign next to a gas station. The first place they usually look is broker websites. An Esso gas station close by Brampton for sale will definitely attract customers if the business is listed. Since the area is business-savvy, investors will definitely line up to listen to your deal. You can also entrust all selling procedures to a broker. He or she can handle the visits and all the meetings. These agents keep the seller focused and unwavering.
  • Fix a selling price- when talking to a buyer who is interested in purchasing a gas station; you need to have your stipulated price. This can be done when you make an inventory of all fixed properties in the gas station. This may include the pumps, fuel tanks, back office, POS terminals, parking spaces, and the convenience store and any other asset in the vicinity. Research and determine the average price of each and compile to come up with a selling price. When you have a fixed selling price, the buyer or investor will clearly see you’re focused.

An Esso gas station close by Brampton for sale can be categorized among businesses that need a thought process that is clear and focused if you want to make any profits from the sale. As any other business, the goal is to make profit. Following the above tips will help you in making wise business decisions.

Sponsored Profile

Nav Sidhu
Homelife Maple Leaf Reality Ltd. Brokerage
Phone (905) 456-9090
Website http://www.navsidhu.com
Address 80 Eastern Ave Brampton
Brampton, Ontario
Canada L6W 4K6