Browse listings

2 Railway Avenue N, Hay Lakes

$1,295,000

About this property

Seize this rare chance to acquire a highly profitable, long-standing turnkey business, established for 28 years in a supportive community, offering proven cash flow and the independence to shape its future as the sole gas station within a 30 km radius of Hay Lakes. The primary fuel operation is supported by multiple high-margin revenue streams, including a two-bay car wash designed for large vehicles and finished with durable, low-maintenance vinyl paneling; a commercial RO water filling station featuring a high-capacity 40,000-liter storage tank for rapid bulk-truck filling; and ancillary services such as propane sales, campfire wood sales, carpet cleaning, Purolator services, and a dedicated laundry bay. The facility also includes a private residential suite with a kitchen, 4-piece bathroom, and three additional rooms, ideal for owner-operator accommodations or supplemental rental income. Furthermore, the property has benefited from significant capital upgrades in 2023, including new tanks and faster dispensers for premium fuel, ensuring low future maintenance and operational efficiency, all while operating under established contracts that grant the new owner full operational control, making this an outstanding opportunity for an ambitious owner-operator to build substantial business equity.

Essential information

MLS® number
A2311840
Status
Active
Price
$1,295,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
2,763 sq ft
Year built
1996
Structure
Mixed Use
Listing brokerage
Royal LePage Rose Country Realty
Source
Pillar 9™ MLS® System

Interior

Included
Everything at the property.

Exterior and construction

Zoning
Comm-Improved

Community

City
Hay Lakes
Province
AB
Postal code
T0B 1W0

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

Trading

$
$
$

Add-backs

$
$
$
$

The deal

$
×
SDE—
EBITDA—
Gross profit
—
Pre-tax profit as the books show it
—
Value at that multiple SDE × multiple
—
Asking price as a multiple of SDE
—
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
—

—

Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in businesses for sale in Hay Lakes reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in businesses for sale comes up.

Similar properties to MLS® #A2311840

MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

Call WhatsApp Email Instagram