Resilient Destination Retailer, Convenience Store

Halifax, Nova Scotia

Asking Price: Annual Revenue:
$289,000 $1,632,137

Retail: Consignment, Pawn Shop, Thrift Stores

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RE: Resilient Destination Retailer, Convenience Store Broker: Mark Pothier

Quick Facts

Asking Price: $289,000
Annual Revenue: $1,632,137
Net Profit: Not Disclosed
Cash Flow: $108,281
Total Debt: Not Disclosed
FF&E: $1,437
Real Estate: Not Disclosed
Year Established: 1973
Employees: 8
BBN Listing #: 33994955
Broker Reference #: 9201-15968

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Business Overview:

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.

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Property Features and Assets:

The store is approximately 2,000 square feet of ground floor space, in a multi-unit residential building, with ground floor commercial, located in a bustling neighbourhood. Assets= $248,119

Market Competition and Expansion:

The main target market is customers between the ages of 30-70 with diverse interests. Plus, neighborhood convenience. A future area for growth would be with online sales. This is an area the owners are currently investigating.

Reason for Selling:

the owners are aiming to spend more time traveling

Additional Details:

  • The property is leased.
  • 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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