View Full Version : Retail Business in Ontario
xzors
Jun 13th, 2006, 12:26 PM
I am in the process of moving from the US to Canada. I own a car dealership in the US which I still want to keep as a passive investment. I am thinking of going into the retail business such as gas station or even something like bulk barn. For gas station I was thinking of buying it direct from an existing owner rather than franchising. It appears that there is a long waiting list for the franchise gas stations. For bulk barn I think the only option is to get a new franchise. Does anyone have any experience with these kinds of businesses? I will appreciate any suggestions or recommendations. Thanks!
Canucklehead
Jun 14th, 2006, 09:32 AM
I am in the process of moving from the US to Canada. I own a car dealership in the US which I still want to keep as a passive investment. I am thinking of going into the retail business such as gas station or even something like bulk barn. For gas station I was thinking of buying it direct from an existing owner rather than franchising. It appears that there is a long waiting list for the franchise gas stations. For bulk barn I think the only option is to get a new franchise. Does anyone have any experience with these kinds of businesses? I will appreciate any suggestions or recommendations. Thanks!
Check Canadian Tire's (http://www2.canadiantire.ca/CTenglish/petroleum/ctcpt_bizopps.htm) website for info on becoming an owner/op. Other options are Esso (http://www.imperialoil.ca/Canada-English/People/Retailer_Recruitment/P_RR_Benefits.asp) , Shell, PetroCanada and the independents.
If you're interested in automotive-related franchises, check this link. (http://www.cfa.ca/members/auto_products.html)
Even if there is a long waiting list I'm sure they will bump you up if your experience is something that they value.
gmark2000
Jun 14th, 2006, 11:51 AM
For the million dollar franchise fee, a Tim Hortons outlet could quickly recoup that cost in a couple years.
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