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One-Of-A-Kind Lakefront Floating Store In British Columbia For Sale

British Columbia, Canada
Asking Price:
$1,200,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$900,000 (CAD)
Cash Flow:
$160,000 (CAD)

One-of-a kind general store, liquor store, marina and gas station located in Southern BC.

The business serves the local community but is seasonal, with high tourism business in the summer. It's great business for someone who likes to snowbird in the winter!

value of this business is primarily in the real estate that comes with it. Property Highlights:
- 1.61 acres of waterfront property with 535 feet of waterfront
- Commercial zoning
- Approximately 20 years remaining on foreshore license for marina
- Property includes rental cabin and has room to build additional units and new store
- Property has been surveyed and engineered plans prepared for potential development of store and additional rental cabins

Asking Price: $1,200,000 plus inventory value

Income and Cash Flow: NDA Required

Take this business and property to the next level and build out to suit future business needs! Don’t miss out on this incredible opportunity to own a one of a kind waterfront property with a long standing business and significant potential for future growth! Property has engineered drawings for future business building on land and/or rental properties.

Owner is looking to retire from business and willing to help new buyer with transition.

The business itself can be moved off the property! Interest in the business itself would be considered to separate the business from the property and move it to a different location on the Lake. That would allow the opportunity to simplify the business and reduce the investment to acquire the business as the property is the primary asset of value.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Small short term rental cabin included on the premises. Can be used as full time living accommodation if preferred.

Premises Details:

Property is one of a kind waterfront property with 535 feet of waterfront on 1.61 acres. Property is largely undeveloped and has lots of opportunity for new store and/or rental properties. Property has engineered drawings for suitable location of new store and/or multiple rental properties.

Planning Consent:

Property has been surveyed and has engineered drawings prepared for potential development of store on land and/or rental cabins. Not yet approved for permit by CSRD, but waiting for appropriate timing to build.

Business Operation

Expansion Potential:

Great potential for expansion into rentals and additional services on the property, as the land is largely unutilized in its current state.

Competition / Market:

The only general store/liquor store/gas station/marina in the community. Location serves a small local community, and a large tourism population in the summer. Business is very seasonal with summer months driving the business for the year.

Reasons for selling:

Owner is looking to retire from business and willing to help buyer with transition.

Trading hours:

Monday - Sunday, 10am – 6/8pm in the summer; shorter hours the rest of the year.

Employees:
5
Years established:
1963

Other Information

Support & training:

I will offer 6 months of training and onboarding at no cost to bring the new owners up to speed on the existing infrastructure and to handoff existing vendor/partner accounts

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
Inventory / Stock value:
$125,000 (CAD)