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Profitable Convivence Store
Location: Canada -> British Columbia -> Vancouver Island
Industry: Retail > Convenience Stores Retail




Business Summary

This family-owned Convenience store has been a pillar of the community for many decades. Located in the heart of a growing residential neighborhood inside the City of Duncan, Vancouver Island. Just a 45-minute drive from the Nanaimo Ferry to Vancouver, and an hour to Victoria.

This is the only commercial zoned lot in the area surrounded by residential limits competition. Zoning allows for mixed-use development providing a good long-term investment opportunity. The store comes with a 3 Bedroom house attached, perfect for owner operator or to provide accommodation for a live-in manager couple.

Sales increasing year-over-year. No franchise fees, no gas company to deal with. Current owners have raised their family supported by this business and are ready to retire. Plenty of upside for new owner willing expanding offerings and open hours. Take advantage of low interest rates to build
equity, have a place to live and earn a solid income without having to leave home.

Asking $1,199,000. Call Chris today for more info 778 223 2328
commercialsutton.com


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,575,000
Cash Flow:   $155,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1950
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retirement

Photos

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Profitable Convivence Store Photo 1




Print Listing Id: 700365191
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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