High Volume Convenience Store With Residence For Sale
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $640000
Net Profit / Cash Flow $83000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Inventory 50000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner retiring
Description High Volume Convenience Store with Residence in Vernon.
Well established and well maintained convenience store, we are truly convenient "neighborhood corner store". Popular with children and adults the store sells a variety of packaged and dry goods, snacks, confectionary, drinks, ice cream, slushies, etc. as well as a huge amount of tobacco, cigarettes and lotteries.
This business has been operating in this location for many years and is consistently profitable year round. This is excellent for a family operation or retirement couple as it is easy to manage. 6/49 & lottery and tobacco sales generate good traffic. A "turn-key" business, with computerized POS system and full security camera system comes complete with all equipment, shelving, coolers, etc. Very tidy and organized. The outside is appealing with good exposure and signage and there is ample and easy parking.
Established business with proven revenue. Priced at around 2.5 times cashflow. Easy to operate business for couple/family.
Facilities: Compacted into a very neat, tidy and organized space this business is easy to operate. Close to downtown Vernon and easily accessed from the surrounding residential neighbourhoods the store has a frequent and loyal customer base.
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