Atlantic Canada's Business Transition Specialist

SINCE 1998

ASKING PRICE:  $699,000
LOCATION:  Saint John, New Brunswick
This established small convenience store, with an attached two bedroom apartment and located in a very desirable community is being offered for sale for $699,000. This business was established over 70 years ago and has reached revenues in excess of one million dollars for the past couple of years. The property is well maintained and a fixture in the community.

WHY BUY?

•    History of profitability
•    Well established in the community
•    A very safe and picturesque community
•    Within walking distance to both a new elementary and middle school
•    The store/apartment is located on a city bus route with connections throughout the city
•    Easily understood business model
•    A reliable supply chain
•    Realistic and achievable opportunities to grow and maintain its market
•    Current owners will assist for a reasonable transition period
•    The two bedroom apartment can produce income or be used as owner’s residence

The owners are seeking the sale of the business in its entirety comprising all of the operating assets, land and building, furniture, fixtures, goodwill, inventory, and business name. Cash and cash equivalents will be excluded from the sale. The transaction will be structured as a sale of assets. The final sale price will be determined at the time of closing to reflect the change in the amount of inventory at that date.

For more information, please Email: info@cbibusinesstransitions.com