Excellent opportunity to acquire a well-established convenience store with real estate included in Stettler, Alberta. This profitable owner-operated business generates over $1.07 million in annual sales with a strong 26.8% gross profit margin and approximately $208,000 in adjusted owner-operator income. The property features a stand-alone 1,536 sq. ft. building situated on an 8,282 sq. ft. lot, offering excellent visibility, easy access, and the added benefit of owning the real estate. Currently operated by the owners with only one part-time employee, this is an ideal opportunity for a hands-on owner-operator or family business. The roof was renovated in 2020. Conveniently located approximately 80 km from Red Deer, 180 km from Edmonton, and 220 km from Calgary. The seller will provide comprehensive training to ensure a smooth transition. Inventory is additional to the purchase price.
Essential information
MLS® number
A2332406
Status
Active
Price
$899,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
1,536 sq ft
Lot size
8,292 sq ft
Year built
1983
Structure
Retail
Listing brokerage
RE/MAX Complete Realty
Source
Pillar 9™ MLS® System
Interior
Included
The seller will provide an equipment list.
Exterior and construction
Zoning
R2
Commercial
Business type
Grocery
Community
City
Stettler
Province
AB
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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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.
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2 photos$699,000Milo