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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Historic Convenience Store For Sale

Location  Prince Edward Island,Canada
Asking Price Range  < $250K
Gross Revenues  $460000
Net Profit / Cash Flow  $460000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1900
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Owner will provide help and training.
Reason for Sale  Too busy for a single, semi-retired person.
Description  Solid 150-year-old business in a beautiful growing village in PEI Canada. Prime corner lot at a busy intersection in the heart of the village and the only grocery store in a 15 km radius. Postal outlet, lottery center, attached 3 bedroom apartment for owner or extra income. Includes a year-round ice business with lots of room for expansion. Many recent upgrades and improvements including coffee window, high efficiency furnace, new ice machine, roofing, new two-door cooler for local produce. Located halfway between Borden and Summerside with over a hundred full time workers within half a mile and the only store between two large cottage areas and a new, large trailer park for fishermen who come in May. Store is very old and in great condition, old-fashioned layout, apartment was built in 1985. 2010 gross income over $460,000, growing every year. Asking price of $195,000 includes property, store, ice business. Inventory of around $30,000 will be calculated at wholesale and added at closing. This store is being run by one tired person and has lots of potential for even more improvement with a couple or family who can share the work. Large vent hood included in kitchen and the addition of fries and fresh sandwiches would attract a much larger lunch crowd. Right now we only offer roller grill dogs and sausages and pre-made sandwiches from local vendors. Ice cream business is so busy in the summer that an extra person does strictly ice cream. Turn-key, viable and ready to support your family.
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