Convenience Store in Kitimat, BC

Category: Convenience Store
Address:
City: Kitimat
State: BC
ZIP:
Full Price: $675,000
Down Payment: $400,000 with approved credit
Annual Gross Sales: $2,000,000
Adjusted Annual Profit: $200,000
Status: For Sale

Additional Features:

Great opportunity to purchase an outstanding business in the booming town of Kitimat.

This property is nearly 21,000 sq. ft.  with a 2800 square foot building that being operated as a Convenience Store and Laundromat.

The building has been completely updated with the owners investing close to 400k in recent exterior and interior upgrades. Rent is very reasonable at $5000 / month.

Gross revenues are over 2M, with adjusted net income over 300k per year. A new owner could add new services or expand the existing footprint to drive growth.

This is a great opportunity to get in on a high cash flow business in this desirable region. A qualified purchaser has the ability to purchase the property, see the MLS listing for property below.

https://www.realtor.ca/Commercial/Business/16228037/19-BABINE-STREET-Kitimat-Zone-89-British-Columbia-V8C1Z4

 


Do you want more information about this opportunity?

The Seller knows that to sell the business he will have to share information with the Prospective Buyer that otherwise he would prefer kept away from both the public and the other stakeholders such as employees, suppliers or customers. Because of this, we insist that any confidential information is only shared with prospective purchasers who are genuinely interested in procuring a business. To maintain the level of confidentiality necessary to complete a transaction of this nature we require that prospective buyers complete a non-disclosure agreement. By clicking agree below, you, the prospective purchaser, agree not to share anything you learn about the business with anybody other than your lawyer, accountant or other professional advisors; and you also warrant that these people will also be bound by this agreement.

You also agree that you will not approach the business owner, staff or management without the express consent of the Broker. You understand that you, the Prospective Buyer, will be held accountable for any damages to the Seller arising from the disclosure of information to any other party contrary to the agreement.

If you prefer not to complete the webform below, we understand, and ask that you download, complete, sign and forward the completed PDF document to info@chinookbusinessbrokers.ca or fax to 888-812-4109 attention Keith MacKenzie.

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