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Great Prime Location in Aurora with 3 Major bank, Cineplex, Dollar Store, Canadian Tire and more. Well Established busy Independent Convenience Store In A High Traffic Plaza. Surrounded by Large Residential and Populatio...
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Asking Price : $179,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,667
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Well maintained convenience store located in East York. School and High residential traffic area. Lots of potential to increase sales for the right operator Sales approx. 5600 per week. Rent $3333/Month, Utility Included...
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Asking Price : $98,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great cashflow business, very profitable and easy to manage. Monthly revenue over $30K/month. 20% Lottery, 20% ciagarettes, remainder merchandise sales. Rent only $3500/month + TMI. Lease has 3+5 years left. Owner retiri...
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Asking Price : $220,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 460
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
High Sales Volume Convenience Store Business For Sale. No Close Competition. Higher Than Average Industry Profit Margins. Large 3000 Sq Ft Lease Area. As A Family Run Business. Weekly Sales : $21,000(Cig 55%).Lotto Comn ...
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Asking Price : $399,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
- Sales $1,200,000 (Lotto $460,000 included). - Gross Income : $245,000. - Exceptionally low rent. - 14,000 population with Elementary to High schools. - The seller will provide the buyer with a sufficient training. - Ne...
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Asking Price : $390,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Amazing Convenience Store Location in Downtown Cobourg. Mins drive from Hwy 401, Cobourg City Hall and Cobourg Beach. High Pedestrian & Traffic Flow. No.1 Convenience Shop in Area the Past Decades. Grocery, Cigarettes,...
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Asking Price : $200,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,700
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Franchised INS Market Convenience store located in Dufferin Mall, one of the busy Mall in Toronto. Turn Key operation, High Walk in Traffic & High Exposure Area. Excellent opportunity for owner operator, one person can r...
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Asking Price : $99,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 546
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This property lives up to its reputation...The Little Convenience Store with so much more! Located on a double lot, this shop has become a hub for both the community and travellers heading East and West on Hwy 16. This 6...
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Asking Price : $314,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 678
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to this downtown grocery and convenience store, a hidden gem in the heart of Calgary's vibrant urban landscape. For over 30 years, this store has been serving the community with care and dedication. This store is...
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Asking Price : $95,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,948
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The convenience store is located on a corner lot, making it easily accessible to both pedestrian and vehicle traffic. Its prime location is further enhanced by the presence of a nearby bus stop, which increases foot traf...
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Asking Price : $99,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Location! Location! Big Convenience Stores With ""Country Style"" Coffee & ""Chester Fried"" Chicken In Downtown. Weekly sales $30,000. $100,000Plus Upgrade In Past 5 Years, New 2 Door Freezer And New Walk-In Cooler Outs...
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Asking Price : $349,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Convenience Store in a Busiest Location surrounded by high Rise Apartment Buildings, Government Office Buildings, and Durham Police Central. Anyone wants to do a profitable Family base business with an additional income,...
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Asking Price : $75,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 800
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
One of the North End's most iconic buildings! Previously housing Ed's Variety, a staple of the community for decades, 553 James Street North is a hammer-ready project. With permits granted by the City of Hamilton, the pr...
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Asking Price : $799,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,878
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Be your own boss opportunity * Busy Convenience store in an excellent location in about 10 minuets walking to the Falls and Casino. In operation since over 20 years ago * lots of customer * Surrounded by residential and...
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Asking Price : $159,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great opportunity to buy the profitable business with an Excellent Income Convenience Store and Vape Store. This big lot property also has 2 bedrooms, 1 full kitchen, washroom, and hall available for lease along with pr...
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Asking Price : $149,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 8,624
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Perfect for owner operator, Turnkey convenience store. Please do not disturb the staff. Low rent in very busy neighbourhood. Start making money from first day. (id:39198)
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Asking Price : $150,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Reputable convenience store with lottery, bitcoin machine, and ATM. Located in a major mall in North East Calgary. Over $40k sales per month, plus $250/month from bitcoin machine rent and $300/month from ATM machine. Ope...
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Asking Price : $99,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 535
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Convenience store for sale in the Northeast Edmonton area. Near the Northgate Lions Recreation Centre and Londonderry Mall. Provision to open a pizza store and/or serve hot food as this has been arranged with the landlor...
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Asking Price : $240,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Rare Chance to own a well established variety store with Bldg in Cobourg, Booming Town, Incredibly Low Price for Quick Sale, Bldg to be sold As- Is Condition, Friendly Neighborhood Store on High Traffic Road, Same owner ...
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Asking Price : $439,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 14,735
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great Chance To Own A Profitable Convenience Store With Bldg Surrounded By Residential Area. No Competition. Commercial/Residential Zoning in the center of booming residential area. 2bed/1bath living quarter inside (ne...
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Asking Price : $490,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,223
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Monkland Mini Mart and Gas bar is a fully updated self serve No Contract Gas Station. Convenience store with Restaurant and fully updated kitchen. Two 80x40, 12' high bay door garage which can be potentially converted i...
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Asking Price : $749,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
BE YOUR OWN BOSS!! Don't miss this PROFITABLE business for sale! Located at the busy intersection of Commissioners road & Gordon avenue. High Traffic Area and Popular Convenience Store. Surrounded by fully residential ne...
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Asking Price : $199,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Newly Established Convenience Store Located At Prime Intersection Under Condo Building & Surrounded By 7 Buildings. High Density Residential & Commercial Area. New Condos Under Construction Across The Street. Over $170K ...
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Asking Price : $149,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,291
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
@@Excellent Opportunity To Buy ""Esso"" Gas Station With Property, @Convenience, @Lotto, Atm, BitcoinATM And @Auto Garage Leased, Located On Main Street Of Growing Town Of Erin Ontario,Brand New Community Coming"" @Erin ...
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Asking Price : $1,999,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 17,017
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
EXCELLENT CONVIENCE STORE IN BRAMPTON! Busiest location. Regular clientele. High Traffic Area and Popular Neighborhood Convenience Store, Surrounded by fully residential neighborhood, close to schools. Excellent Business...
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Asking Price : $335,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,750
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Be your own Boss! Own a brand new Express News and Convenience franchise business in the Greater Vancouver Area, boasting over 26 successful stores. This store is located at the corner of Fraser St and SW Marine Dr. This...
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Asking Price : $110,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 735
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Hidden Gem in the Burlington's Brant Community. Excellent Convenience Store Opportunity for First-Time Retail Business Buyers and Even Better for Investors to Add this Established Retail Business to their Portfolio. The ...
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Asking Price : $145,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,234
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Super busy store in a busy plaza. This unique concept combines 2 distinct stores in one location. One is a Variety Store offering convenience items such as snacks, soft drinks, cigarettes, lottery, ice, and greeting card...
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Asking Price : $199,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Convenience store known as Minnie Janes Convenience located in West Mines selling as a turnkey package includes building, land and contents. Owners have run a successful business for many years and now the opportunity ex...
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Asking Price : $360,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,170
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
""Money Maker"" Very Profitable And Well Established non Franchise Convenience Store In An Up and Coming Family Neighbourhood With Many Loyal Clients, In Business Since 2011. Not Your Average Convenience Store, Extremely...
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Asking Price : $799,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,421
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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In a world where urban centers are rapidly densifying, opportunities are blossoming for those with an entrepreneurial eye. Specifically, convenience stores for sale in Canada are witnessing a renaissance. These gems, the heart and soul of city neighborhoods are experiencing a renaissance, especially in areas where densification is on the rise or already in progress. The foot traffic, new markets, and the growth potential of these urban developments make this retail format increasingly lucrative.
Beyond their conventional role as pit stops for quick grabs, convenience stores in Canada serve as integral community anchors. These establishments form the pulse of neighborhoods, providing residents with easy access to daily essentials and, often, a touch of camaraderie. And with the urban squeeze, these little stores could turn into your treasure trove.
Despite the ebb and flow of economic tides, the convenience store sector, like many other small businesses for sale in Canada, has displayed commendable resilience.This industry has demonstrated steady growth and carved out an essential place within the Canadian Market. Convenience stores drive local economies and contribute significantly to the community by providing accessibility and convenience.
According to Statista, the retail sales of convenience stores in Canada amounted to approximately 8.25 billion Canadian dollars in 2021, down from 8.57 billion recorded a year earlier.Despite the dip in 2021, retail sales of convenience stores have shown an overall upward trend since 2012. Only two years, 2019 and 2021, were hiccups in this otherwise steady climb. Here are a few more findings from Statista:
As of 2020, there were over 7,500 convenience stores in Canada.
These stores generated over eight billion Canadian dollars in retail sales.
Ontario and Quebec host the most convenience stores, representing nearly 70 percent of the total number.
Let's shine the spotlight on a few top-tier Canadian convenience store chains that have weathered storms and enjoyed the sunshine:
The stage of urbanization presents compelling opportunities for acquiring a convenience store. Urban densification, particularly in new high-rise developments, ushers in increased foot traffic, broader customer demographics, and the promise of amplified sales - much like gas stations for sale in Canada.
According to Statistics Canada, the country is projected to experience an annual population increase of 0.9%. This growth is predominantly concentrated in urban areas. Take Toronto, for example, which holds the title of the most densely populated city in the country. It boasts a staggering population density of approximately 4,334 people per square kilometer. However, this trend of densification extends beyond major cities and has also become apparent in smaller urban areas and college towns. These locales possess vibrant economies and high demand for convenience.
Additionally, small communities located far away from major retail centers hold untapped opportunities. These communities often lack the convenience of nearby shopping options, making them optimal locations for establishing convenience stores. Both local residents and passing travelers would greatly benefit from the services provided by a well-stocked convenience store.
Convenience stores in college cities and communities have the opportunity to thrive by catering to the needs of students. These students often prefer quick and easy shopping options. By offering the right product mix and extending their operating hours, convenience stores in such locations can establish themselves as vital contributors to the community.
Whether it be a bustling city neighborhood, a quiet small town, or a lively college community, the potential for success in owning a convenience store is vast. Understanding the unique needs of the community and tailoring your store to meet those needs is key. That's where 'Find Businesses 4 Sale' becomes invaluable. It provides you with insights and tools to make an informed decision and thrive on your entrepreneurial journey.
Before shaking hands on a deal, there are several aspects you need to examine thoroughly:
Location and Foot Traffic: A bustling location promises higher foot traffic, is friendly for walkers, and has plenty of parking, good visibility, and signage - ensuring a steady flow of customers.
Financial Performance, Growth Potential, and Merchandise Mix: Review the store's financial performance and future growth potential. Look for consistent profitability and scope for expansion. Part of this analysis should include a review of the store's merchandise mix.
Sometimes, stores fail or underperform because they don't cater to their specific community. Understanding the community's preferences and identifying gaps in the store's current offerings can provide valuable insights into potential areas for growth and improvement.
Existing Infrastructure and Inventory: Scrutinize the existing infrastructure for necessary upgrades and examine the relevance and management of the inventory.
Once you've conducted a thorough due diligence process, you'll be better positioned to make an informed decision about the purchase.
Once you’ve purchased a convenience store, these elements can contribute to your success:
Merchandise Mix:. A diverse, relevant, and well-managed inventory tailored to the local demographic is key, similar to what one would find in grocery stores for sale in Canada.
Location: High-traffic locations are typically advantageous.
Operating Hours: Extended operating hours can increase patronage.
Amenities/Services: Additional amenities or services, such as ATMs, lottery tickets, or postal services, can attract more customers.
So, when you're running a convenience store, a one-size-fits-all strategy simply won't cut it. Tailor your business to the locals, like those looking for convenience stores for sale in BC."Inventory management, maintaining service quality, fostering customer relationships, and staying on top of the competition are all part of this complex choreography.
It's no small feat to acquire a convenience store, and unless you're a rare breed with pockets as deep as the Pacific, you're likely to explore financing options. As in real life, there's no one-size-fits-all answer, so let's delve into the sea of possibilities.
Commercial banks have historically been the go-to for business financing, providing reliable and regulated avenues like term loans and lines of credit. When considering a bank loan, remember that each has terms and conditions, such as the repayment schedule, collateral requirements, and interest rates.
Pro Tip: A commercial mortgage is a common choice for those purchasing a convenience store with an attached property. The business and property often act as collateral for this type of loan.
Oh, Canada! The Canadian government provides several assistance programs that potential buyers can tap into. These range from financing options to advice and mentorship programs. A few notables include:
Business Development Bank of Canada (BDC) Financing: BDC offers financing for various needs, including buying a business.
Sometimes, the seller might offer financing. They essentially lend you the money to purchase the business, which you pay back over an agreed timeframe. While it sounds enticing, thoroughly review the terms before diving in, as they can sometimes be less favorable than traditional financing options.
Now, this is where the rubber meets the road. A business plan is your strategic roadmap, a document that aligns your business vision with practical operational aspects. It should include your business concept, market analysis, marketing strategies, and financial projections. A comprehensive business plan also impresses lenders and potential investors, showing them you mean business.
In the Great White North, owning and operating a convenience store comes with legal and regulatory requirements. This can range from zoning laws, employment legislation, and health and safety regulations to sales tax requirements. Getting familiar with these aspects is crucial to ensure your business sails smoothly in the legal seas.
Last but not least, you'll need to secure licenses and permits before opening your doors. The required licenses may vary depending on your products and services. For example, most convenience stores in Canada will require a retail food establishment license if they plan to sell ready-to-eat foods. It's important to research and understand the specific licensing requirements for the location and type of store you plan to operate.
There's more to owning a convenience store than just unlocking the doors every morning. To succeed, you've got to get into the nitty-gritty of the business.
Canada is a mosaic with unique regional quirks and charms. So, when you're running a convenience store, a one-size-fits-all strategy simply won't cut it. Tailor your business to the locals. In Vancouver, folks might crave healthy, organic snacks. Also, a robust selection of energy drinks and hot coffee might hit the spot.
It's the 21st century, and technology is king. From point-of-sale systems that speed up transactions to security systems that help you sleep easily, tech can be a game-changer for your convenience store. Imagine offering self-checkout options to your customers—less waiting, more convenience. Now that's a win-win!
Remember, you're not just running a business; you're part of a community. A smile, a friendly greeting, and even remembering your regulars' favorite items all add up. Participate in local events, sponsor a neighborhood team, and show that you care. Not only will it make you feel good, but it's also good for the bottom line.
You could have the best store in the world, but if folks don't know about it, what's the point? From social media to traditional flyers, get the word out, much like those promoting convenience stores for sale in Nova Scotia.Offer weekly specials, loyalty programs, and maybe even a free cup of joe on Canada Day. Make your store the talk of the town.
Online shopping and delivery services aren't just for books and pizza anymore. Even convenience stores are getting in on the action. So why not ride the wave? Partner with a local delivery service, or better yet, start your own. Bring convenience to their doorstep, and they'll love you for it.
Consumer tastes change like the seasons. One day it's all about energy drinks; the next, kombucha is all the rage. Keep your finger on the market's pulse, adapt your offerings, and always be one step ahead.
From big box stores to the mom-and-pop shop around the corner, competition is fierce. But don't let that scare you. Find your niche, offer unique products or services, and you'll carve out your spot.
Looking for a convenience store for sale? Well, look no further than FindBusinesses4Sale. From listings and photos to in-depth analyses of financials, they've got all the goodies. Plus, their industry know-how and user-friendly platform make finding the perfect store a breeze. After all, the journey of a thousand miles begins with a single click.
So, there you have it. Owning a convenience store isn't just about selling snacks and drinks—it's about serving your community, understanding your market, and constantly striving for better. But with a bit of hard work, a sprinkle of determination, and a dash of passion, you can turn a humble store into a thriving hub of your community. Now, how's that for convenient?
How profitable is a small convenience store?
A single convenience store can reach a net profit margin of 5%. For chains, it can go up to 10%. Find more information in this comprehensive study on convenience store profitability.
What is the most successful convenience store?
7-Eleven Inc. is the largest convenience retail chain, with 12,821 stores as of 2022. This fact is supported by the 2023 NACS/NielsenIQ list of the Top 100 Convenience Retailers.
Where is the best location to start a convenience store?
High traffic areas, like busy malls, are recommended. Being located near complementary stores can help. Explore more in this guide to choosing and setting up a location.
Can a non-Canadian citizen purchase a convenience store in Canada? What are the requirements?
Yes, they can. Requirements generally include obtaining necessary business licenses, having a valid work permit, and meeting any immigration and residency criteria.
How do I determine the valuation and negotiate the price for a convenience store in Canada?
Research similar businesses, consult with industry experts for an accurate valuation, and negotiate a fair price based on the store's value and growth potential.
How can I enhance the profitability of a newly acquired convenience store in Canada?
Offer high-demand products, optimize store layout, and implement targeted marketing strategies.
There are many great Convenience Stores for sale in Canada, but some of the top-rated options include Convenience Store at #B01 -15440 BAYVIEW AVE , Convenience Store at 75 EASTDALE AVE and Convenience Store at #LOWER -445 CHURCH ST .
Yes, there are currently some interesting offers available for Convenience Stores for sale in Canada. Check out the following links for more details:
Convenience Store at #B01 -15440 BAYVIEW AVE , Convenience Store at 75 EASTDALE AVE and Convenience Store at #LOWER -445 CHURCH ST .
The average price is around $466,720. However, prices can vary depending on factors such as location, size, and amenities.
If you're interested in Convenience Stores for sale in Canada, be sure to click the link above to see all available offers and find your dream. Don't miss out on these amazing deals!
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