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Gas Station, Convenience-liquor Store, With Real Estate Included In Okanagan-Similkameen Region For Sale

Okanagan-Similkameen Region, British Columbia, Canada
Asking Price:
$2,500,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$3,080,455 (CAD)
Cash Flow:
$96,744 (CAD)

On offer is an iconic, multifaceted, family-owned business that has been successfully operating for nearly five decades. It currently operates as a gas station, liquor store, and convenience store/market, attracting locals and tourists visiting the Okanagan-Similkameen Region. The business is a Rural Licensee Retail Store (RLRS), with the license being highly desirable to enable alcohol sales.

There is a moratorium that limits new liquor licenses to be granted until 2032, enabling the business to enjoy minimal competition and offering its potential owners endless opportunities for growth and expansion. As such, the business is ideal for strategic buyers seeking a rare, lucrative, and turnkey acquisition opportunity with time-tested operational success.

Situated along a busy highway, the business benefits from high visibility and accessibility, attracting both locals and tourists. Its prime location, combined with generous space for expansion, positions the business as a convenient stop for travelers and a staple for the community.

Property Information

Real Estate:

Real Property Included

Location:

Asking Price Inclusions
• Liquor License (RLRS) • Property and Equipment •
Fuel Distribution Agreement (Negotiable)
• 13.3-acre property (Commercial) • 5,400 sq. ft. Two-story Structure (4,000 sq. ft. Single Level Store; 3 Bedrooms and 1 Bathroom Residential Suite)

Size in square feet:
5,400

Business Operation

Expansion Potential:

The business is well-positioned for future growth through several strategic avenues. The business can capitalize on the proposed residential development, implement upselling programs to boost transaction values and explore new product offerings. Furthermore, the completed Phase 1 and 2 Environmental Reports and property appraisal provide a solid foundation for informed expansion and development decisions.

Competition / Market:

The property included in the sale, which spans 13 acres zoned for commercial use, offers significant growth potential. Opportunities include developing an RV park, commercial building, storage facility, or expanding the existing store. Additionally, a proposed 220-home development nearby could further increase customer traffic and revenue.

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 7am-7pm, Sat 8am-7pm, Sun 9am - 7pm

Employees:
4 FTE, 4 PTE
Years established:
2010

Other Information

Support & training:

Seller will negotiate a transition period

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