Convenience Store

Not Disclosed, Nova Scotia

Asking Price: Annual Revenue:
$235,000 $3,705,118

Food & Beverage: Convenience Stores

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RE: Convenience Store Broker: Dan Murphy

Quick Facts

Asking Price: $235,000
Annual Revenue: $3,705,118
Net Profit: Not Disclosed
Cash Flow: $24,391
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 9
BBN Listing #: 40254955
Broker Reference #: 9201-15040

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Business Overview:

The General store sells tobacco products, lottery tickets, candy, soft drinks, ball caps, keys and other general merchandise to the neighborhood community.

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Property Features and Assets:

The store is located in a rented area of a small strip mall across from a larger strip mall which is a larger community centre, on the outskirts of Halifax. Assets=$185,181

Market Competition and Expansion:

There are a few local competitors which compete mostly on the tobacco products. There is space available for rent to grow the products offered. There is also the opportunity for an owner operator to buy more selectively, supervise the operation more carefully, better manage margins by being hands on and increasing sales in higher margin items.

Reason for Selling:

Partial retirement.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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