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Completely renovated Esso gas station with big size convenience store. The property Is in the residential area. Two Underground Double-Wall fiberglass storage tanks with a capacity of 125,000 litres. Four Dispensers (4 P...
Asking Price : $2,900,000
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
Looking for a lucrative business opportunity in Hamilton? This profitable convenience store with a Canada Post franchise is located in a bustling area, ensuring high foot traffic and steady income. With additional revenu...
Asking Price : $445,000
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) : 2,406
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Attention entrepreneurs. Busy convenience store located in highly visible plaza at the corner of Chemong Road and Wolsely Street. Strong cigarette and lotto sales with room for expansion of product offerings. Be your own...
Asking Price : $49,000
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) : 1,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
WELCOME VARIETY ! See it to Believe it . Prime location with great numbers and good profits this store has it all. Cigarette sales percentage is very low only 40%of the sales. Store is selling Lots of high margin items. ...
Asking Price : $269,000
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) : 1,480
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Affordable business opportunity, prime location!! 60 Horsman a well established store in the heart of Salisbury. Massive cooler, loading door and endless potential. Including a single live in apartment as a huge mortgage...
Asking Price : $325,000
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
Location ! Location ! Location !Now this is the deal. Amazing 2600 Sq. ft. store with such a low rent of $ 3300 Plus TMI. This location has Tons of (OPPORTUNITIES). Add a vape store which will be additional Income revenu...
Asking Price : $189,000
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) : 2,600
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Your Dream Convenience Store! Seize the opportunity to own a thriving convenience store in a busy plaza near Leslie Street and 16th Ave in Richmond Hill! This prime location features excellent visibility and attracts a s...
Asking Price : $69,000
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) : 650
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Profitable INS Market in a prime location. Located in the exchange tower connected to the PATH. This is a high end area surrounded by corporate offices and premium shops. First time on the market this business is perfect...
Asking Price : $165,000
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) : 300
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
BUSINESS FOR SALE WITH PROPERTY!! This prime business and property is for sale it is located near Oshawa GO Station, Highway 401, and GM facilities, surrounded by residential apartments. The main floor is 1200 sqft curre...
Asking Price : $948,800
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) : 1,200
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Current Avg Weekly Sales $7000 to $8000 (cig 30%), Lotto Comn $3200/Month, Atm Comn $800/W, Rent $1750/mth, 5+5 new lease. Current Business Hrs 9-9. >. Washroom In The Basement. Scope To Add Additional Income Sources At...
Asking Price : $68,000
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) : 900
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Variety + Beer Store, Entrance on Main Rd, just Across from Public School & Royal Canadian Legion. Convenience Store with Lottery ticket Sales has been Operation For 35+ Years, Little Competition, Steady Traffic, Loyal C...
Asking Price : $100,000
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
Newly renovated Convenience/Grocery store in a great residential neighbourhood in North Burnaby. Established business for many years with ATM machine, Cigarettes and various grocery items. Serving Pizza, coffee, Patisser...
Asking Price : $137,000
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
Variety Store Business with 2 Lots of Free-standing Property of ""514 & 518 Confederation St Sarnia"" for Sale!! Mini Garden Center is recommended for business improvement. **Welcome to Investors! ** Corner location prop...
Asking Price : $350,000
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) : 7,179
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Village Snack & Gas Inc. Located in Leoville, Sk is a family owned and operated business for close to 20 years with a proven track record and strong sales. It is a staple in the community as one of the morning coffee sho...
Asking Price : $280,000
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) : 3,600
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
BE YOUR OWN BOSS! Run this gas station and convenience store, use or rent out the shop and live in the 3 bedroom BUNGALOW! There is everything you need! Closed as of January 2024, this was a full service gas station with...
Asking Price : $440,000
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
STEP RIGHT IN and take the wheel on this very PROFITABLE business with well established and faithful clientele. This Asset sale has an excellent lease in place PLUS great renewal option. Seller may consider seller financ...
Asking Price : $375,000
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) : 1,900
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Extremely Well Established Convenience Store Operating For Over 31 Years In The Same Prime Location In The Heart Of Brampton, Ontario. The Current Owner Is Now Retiring. This Store Enjoys Excellent Visibility At A Busy I...
Asking Price : $270,000
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) : 1,575
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
A highly profitable, busy and well established convenience store for sale in the Heart of downtown Vancouver. Close to Skytrain and surrounded by offices, this convenience store enjoys plenty of foot traffic and fantasti...
Asking Price : $649,900
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) : 866
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
An Exceptional Turnkey Opportunity Awaits in the Heart of Cottage Country. Introducing the Harcourt General Store, a true ""one-stop shop"" featuring a gas station, propane sales, a convenience store, and an adjacent res...
Asking Price : $2,150,000
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) : 34,848
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
When it's all about Location, this one is a winner! Located at the signalized intersection of Reach Street and Highway 12 at the western edge of Port Perry, Ontario, just minutes to the GTA. This unbranded Gas Station wi...
Asking Price : $1,600,000
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
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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 Automotive Businesses at 1 TASKER ST , Convenience Store at 1447 UPPER OTTAWA STREET and Convenience Store at 806 CHEMONG ROAD .
Yes, there are currently some interesting offers available for Convenience Stores for sale in Canada. Check out the following links for more details:
Automotive Businesses at 1 TASKER ST , Convenience Store at 1447 UPPER OTTAWA STREET and Convenience Store at 806 CHEMONG ROAD .
The average price is around $536,293. 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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