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Canadian Tire Petroleum

Can you picture yourself running your own business? Do you have energy, commitment, entrepreneurial spirit and business savvy to operate a successful gasoline outlet? Does knowing that you are part of a Canadian icon that has been part of the Canadian way of life for over 75 years inspire confidence in your ability to succeed?

Simply put, Canadian Tire is offering the best of two worlds — the independence of running your own business and the support and infrastructure of a major retailer.

What you can expect from Canadian Tire?

  • Investment confidence by being part of a financially secure and progressive retailing organization with over 75 years experience in the marketplace
  • A well established business site with above average sales and customer counts
  • No need to buy land or major assets
  • Proven business systems which include a competitive management commission and various allowances to help you cover costs associated with operating a gas bar
  • Canadian Tire advertising, promotion and coupon support
  • National buyer power and centralized purchasing of non-gas merchandise
  • A thorough two week hands-on training program and ongoing guidance
  • Freedom to hire, train and manage your own employees

What We Expect From You

  • We want you and only you. A contract with Canadian Tire is a personal one and does not apply to groups or partnerships
  • Business acumen and a good understanding of how business operates including all accounting and administrative functions
  • A passion for exceptional customer service
    A full-time commitment with a hands on management style of operation is critical
  • Excellent interpersonal skills with the ability to successfully manage a team
  • Ability to meet standards and follow pricing guidelines
  • An investment of between $20,000 and $50,000 (depending on the size and type of operation) for the non-gas inventory
  • A bank letter of credit to secure the gas inventory. This amount represents three to four days of gasoline cash sales and can vary between $10,000 and $35,000
  • A separately incorporated company where a legal agreement between you and Canadian Tire sets out all aspects of the relationship

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Costs and Fees
Investment Required: $25,000 to $80,000
Capital Required: $25,000 to $80,000
Franchise Fee: None
Ongoing Royalty Payments: None
Advertising Fees: None
Other Fees: N/A
Terms of Agreement: N/A
Renewal Fee: N/A
Franchisee Support
Financing: N/A
Franchisee Training: Yes
Franchisee Marketing Support: N/A
Franchisee Operations
Number of Employees: N/A
Absentee Ownership Allowed: N/A
Opportunities: Single Unit; Multi-Unit
Franchisee Prerequisites
Net Worth: N/A
Cash Liquidity: N/A
Business Experience: N/A
Franchise Locations
Franchise Available: Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Nova Scotia
Northwest Territories
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon

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