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Profitable Convenience Store With House Attached For Sale

Duncan, British Columbia, Canada
Asking Price:
$999,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

This family-owned Convenience store has been a pillar of the community for many decades.

This is the only commercial zoned lot in the area surrounded by residential limits competition. Zoning allows for mixed-use development providing a good long-term investment opportunity. The store comes with a 3 Bedroom house attached, perfect for owner operator or to provide accommodation
for a live-in manager couple.

Sales increasing year-over-year. No franchise fees, no gas company to deal with. Current owners have raised their family supported by this business and are ready to retire. Plenty of upside for new owner willing expanding offerings and open hours.

Take advantage of low interest rates to build equity, have a place to live and earn a solid income without having to leave home.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

3 BR, 3Bath Home

Location:

Located in the heart of a growing residential neighborhood inside the City of Duncan, Vancouver Island. Just a 45-minute drive from the Nanaimo Ferry to Vancouver, and an hour to Victoria.

Premises Details:

Storefront and House attached.

Business Operation

Expansion Potential:

Lots of unused area inside store. Can add take-out restaurant, ethnic food store, etc. Inquire for details.

Competition / Market:

None in neighborhood. Hwy commercial nearby.

Reasons for selling:

Owners have raised their family running this business and are ready to retire.

Employees:
2
Years established:
Many many Decades

Other Information

Related Documents:
Home based:
This business can be run from home.

Contact Sutton Group - West Coast Realty

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