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Business Listed by

Sunbelt Fredericton

Contact:
Office Phone: 1-866-766-1566
Mobile Phone:
Listing ID: FTONCAN001-N41

PRICE REDUCED: Rural Convenience, Restaurant & Liquor Outlet with Growth Opportunities

Financial Information

  • Asking Price: $349,900
  • Gross Revenue: $1,100,000
  • Cash Flow: $50,000
  • Down Payment: NEGOTIABLE
  • FF&E (Not Included): ON REQUEST
  • Inventory: $100,000
  • Financing: Yes

Business Location

  • Confidential
  • New Brunswick
Primary Business Category: Convenience Stores

Motivated Seller has reduced price and will help with financing. Well-established in a rural service-center, this business demonstrates growing revenues. The business consists of store providing a variety of convenience items; a liquor outlet with a licence that continues for another 5 years, and beer products with a walk-in cooler; full-service, 50 seat family style restaurant; and car wash services. The Seller is prepared to assist with financing a qualified buyer. Located on busy main thoroughfare with ease of access and ample parking. Great opportunity for an energetic Buyer to recharge this business and to further improve its sales and profit performance.


Competition Description

There is no direct competition. Indirect competitors include local restaurants, a gas station convenience store and another local car wash. No other local operation has a convenience store, restaurant and car wash at one location. There is no other local store to buy alcohol products.


Growth / Expansion overview

Growth for the business would have to result from increased overall sales. The Internet has not yet been capitalized upon to draw business. An increased focus on the 50 seat restaurant for special events is one area of possible expansion.


Support / Training Comments

The seller will train at a reasonable fee to be determined based on the needs of the buyer.


Financing Comments

The owners will consider holding a portion of the financing for the right offer.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1971
  • Franchise: No
  • Year Acquired: 1971
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Real Estate Asking: $225,000
  • Days Open: 7
  • Hours Open: 10 to 7 (9 to 6 weekend)
  • Fulltime Employees: 4
  • Part time Employees: 2
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: ON REQUEST
  • Building Size: 4100 sq ft
  • Seats: 60
  • Parking: Large Parking Lot
  • Monthly Rent: N/A

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