Highly Profitable Convenience Store with SAQ in Western Quebec

Business Description

Highly profitable convenience store located on a well-trafficked thoroughfare for sale in Western Quebec. In addition to the traditional items found in a convenience store including beer, the business is also licensed to sell beer, coolers, and wine as well as boasts an SAQ outlet.
They serve freshly made sandwiches, pastries, as well as coffee which brings several customers on the way to work in the morning. All the fixtures and equipment in the store including fridges, shelving, and counters are brand new. In addition, the municipality has already approved the addition of gas pumps. With growing revenue and increased sales due to the excellent selections of goods, this is a great opportunity for a buyer.
The asking price includes the building and land appraised at $2M. It also includes rental apartments, with high-quality finishes that can also be used as a residence by a new owner. Please note, rental income is not included in EBIDTA.

Details

Business ID: OTTA0074
Business Category: Food and Beverage Stores
Location: Quebec, Western Quebec
Financing: Available
Status: New

Company Information

Year Established: 2001
Franchise: No
Number of Employees: 7

Financial Information

Asking Price: $ 3,200,000
Gross Revenue: $ 3,500,000
SDE: $ 315,000
FF&E (included): $ 391,000
Inventory: On request
EBITDA: $ 265,000
Down payment: On request
Occupancy Cost: On request

Business Presented By
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