Gas Station, Convenience & Liquor Store with Real Estate

Okanagan-Simiikameen Region, BC
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Asking Price:$2,500,000
Gross Revenue:$3,080,455
Cash Flow:$96,744
Established Year:1975
BUSINESS DESCRIPTION

On offer is an iconic, multifaceted, family-owned business that has been successfully operating for nearly five decades. It currently operates as a gas station, liquor store, and convenience store/market, attracting locals and tourists visiting the Okanagan-Similkameen Region. The business is a Rural Licensee Retail Store (RLRS) with the license being highly desirable to enable alcohol sales.

There is a moratorium that limits new liquor licenses to be granted until 2032, enabling the business to enjoy minimal competition and offering its potential owners endless opportunities for growth and expansion. As such, the business is ideal for strategic buyers seeking a rare, lucrative, and turnkey acquisition opportunity with time-tested operational success.

Situated along a busy highway, the business benefits from high visibility and accessibility, attracting both locals and tourists. Its prime location, combined with generous space for expansion, positions the business as a convenient stop for travelers and a staple for the community.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Okanagan-Simiikameen Region, BC
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,400
Employees
8
Facilities
Asking Price Inclusions • Liquor License (RLRS) • Property and Equipment • Fuel Distribution Agreement (Negotiable) • 13.3-acre property (Commercial) • 5,400 sq. ft. Two-story Structure (4,000 sq. ft. Single Level Store; 3 Bedrooms and 1 Bathroom Residential Suite)
Competition
The property included in the sale, which spans 13 acres zoned for commercial use, offers significant growth potential. Opportunities include developing an RV park, commercial building, storage facility, or expanding the existing store. Additionally, a proposed 220-home development nearby could further increase customer traffic and revenue.
Growth & Expansion
The business is well-positioned for future growth through several strategic avenues. The business can capitalize on the proposed residential development, implement upselling programs to boost transaction values and explore new product offerings. Furthermore, the completed Phase 1 and 2 Environmental Reports and property appraisal provide a solid foundation for informed expansion and development decisions.
Support & Training
Seller will negotiate a transition period
Reason for Selling
Retirement
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Pino
L. Bacinello
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Pino L. Bacinello