Rare opportunity to own a busy, well-established liquor store in a high-density Hope BC downtown , with excellent exposure near Hwy 1. Benefiting from a city and highway traffic both, this 4000 sq ft approx location has a loyal built-in clientele and strong growth potential. Low lease rate of $20/sq ft + triple net. Owner is absentee and relocating — motivated to sell. Financials and a private showing available on request to qualified buyers
- Asking Price:
- $1,990,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- $250K - $500K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
20 per sq. ft. + NNN (5+5)
- Living Accommodation:
-
There are rooms above the liquor store Can be rented to staff
- Location:
-
Busy Area Hope Downtown and Near Hwy 1
- Premises Details:
-
Retail Store 4000 Sq feet approx
- Size in square feet:
- 4,000
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
This has lots of potential to increase sales and expansion. Absentee owner never paid much attention
- Competition / Market:
-
Busy with lots of tourist traffic, Local city traffic households. Lots of medical, schools, daycares, and other retail offices are located.
- Reasons for selling:
-
Owner is relocating
- Trading hours:
-
9-11
- Employees:
- 5
- Years established:
- 40 Years
Other Information
- Support & training:
-
Available
- Furniture / Fixtures value:
- $300,000 (CAD) - included in the asking price
- Relocatable:
- This business can be relocated
