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

Listing ID:
FTONCAN001-N41

Confidential, New Brunswick, Canada

Convenience Stores

Listing Status: Active

Sunbelt of Fredericton

Phone: 1-866-766-1566

Description

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.

Financials

Asking Price:$349,900
Revenue:$1,100,000
Cash Flow:$50,000
Downpayment: NEGOTIABLE
Monthly Payroll: ON REQUEST
FF&E Asking Price: ON REQUEST
Inventory Asking Price:$100,000 (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$225,000 (Included in Asking Price)
Building Size:4100 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1971
Year Acquired:1971
Full-Time Employees:4
Part-Time Employees:2
Reason For Sale:Retirement