Atlantic Canada's Business Transition Specialist

Over 1000 Successful Transitions

ASKING PRICE:  $172,000 (Shares)
LOCATION:  Southwestern New Brunswick

Does small town living appeal to you?  Then this is where you want to be!  This profitable business locates you in a small, scenic town with lots of recreational opportunities right at your doorstep yet is close to the amenities of a larger urban centre.  This country store and 24 seat restaurant is located in a building constructed in 2009 on property that has been used for a similar purpose since 1945.   Both owners work full-time in the business together with 9 to 14 part-time employees depending on the season.  Easy to learn and very profitable, it will appeal to individuals with general management and marketing skills and/or corporate acquirers due to the many opportunities for growth.  The modern building contains an attractive and comfortable four bedroom apartment on the second floor that is currently used by the owners, but could be rented to obtain further income.  The present owners will assist during a reasonable transition period and the well-trained staff is expected to remain.

Gross revenues exceed $700,000 per year. The owners wish to sell the business in its entirety including the land and building. For tax reasons, the sale will be structured a sale of shares at approximately $172,000.  The final sale price will be adjusted to reflect the balance sheet at the time of closing. The seller will consider financing a portion of the purchase price in an amount and on terms solely in the discretion of the seller.

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