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Watershed Car and Truck Stop is a unique business servicing the needs of travelers through a somewhat isolated area of Northern Ontario. Situated on 10 acres of land on Hwy. 144 at the intersection of Hwy. 160, the business is the “only” refueling, rest and refreshment stop between Sudbury, approximately 200 km southwest, and Timmins, approximately 120 km northeast.
WCTS is a highway car & truck stop providing gasoline and diesel fuels, restaurant, convenience store, gift shops and also services the area with room & board bunkhouses, cabins and a year-round trailer park.
Revenues for 2011 were close to $4,200,000, with seller’s discretionary earnings near $423,000 (normalized) .
The asking price for all the assets of the business, which include the real estate and improvements thereon, chattels & equipment, inventories and the goodwill of the business is $1,995,000. The fixed assets of the business are at a cost of just under $1,400,000.
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