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Pandemic Resilient Destination Retailer, Convenience Store For Sale

Halifax, Nova Scotia, Canada
Asking Price:
$289,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,632,137 (CAD)
Cash Flow:
$108,281 (CAD)

Pandemic resilient store! A long time premiere destination. Retailing a combination of magazines, newspapers, cards, puzzles, books and convenience items to very loyal and well-read customers.

Property Information

Real Estate:

Lease

Premises Details:

The store is approximately 2,000 sq ft of ground floor space, in a multi-unit residential building, with ground floor commercial, located in a bustling neighbourhood.

Business Operation

Expansion Potential:

A future area for growth would be with online sales. This is an area the owners are currently investigating.

Competition / Market:

The main target market is customers between the ages of 30-70 with diverse interests. Plus, neighborhood convenience.

Reasons for selling:

After 26 years in the business, and in Nova Scotia, the owners are aiming to spend more time traveling with family.

Trading hours:

Mon-Wed/Sat 9:30am-6:30; Thurs-Fri 9:30-8pm; Sun 1

Employees:
1 FT / 7 PT
Years established:
47 Years

Other Information

Support & training:

Will train for 3 weeks @ no cost
Magazines, newspapers, cards, puzzles, and books. Convenience items, including lottery and tobacco.

Furniture / Fixtures value:
$1,437 (CAD) - included in the asking price
Inventory / Stock value:
$220,640 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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