John Yun (604) 500-4339 | David Seo (306)730-9871

    Grubstake Food Mart (Convenience Store with Living Quarter) in Cache Creek 3.5 Hours from Vancouver

    • Date added: 31/05/18
    • Area size: 5548 sq ft
    • Lot size: 13503 sq ft
    • Type:
    • Status:
    • Floors: 1
    • Year built: 1956

    Description

    Great Location! Steady and Solid Profit! Easy Operation! Lots of Rooms for Expansion! Very Close to Kamloops and Vancouver! Comes with Spacious 3 Bedroom Living-Quarter! What else would you ask for?

    Grubstake Food-Mart has been serving Cache Creek and Ashcroft area as well as travelers for a long time. The beauty is that it is a large CONVENIENCE STORE so you wouldn’t need too many staffs to run it. The current owners (Senior couple) are retiring. The gross revenue is very steady (Approx. $750K) with net income of approx. $130K per year with minimal working hours. So anybody who’s looking for running own business that doesn’t require heavy skills or many hours should definitely be checking this business opportunity out before it’s taken! Contact listing realtor for more information today!

    Please contact the listing agent, John Yun at 604-500-4339 for more information asap before someone else takes it!

    EXECUTIVE SUMMARY

    • Name of Business: Grubstake Food Mart
    • Address: 1190 Collins Road, Cache Creek, BC, Canada, V0K 1H0
    • Legal Description: Lot 3 Plan KAP44198 District Lot 104 Land District 25
    • PID: 016-827-597
    • Facility: Very spacious store area, walk-in coolers and many freezers, shelving units, many storage rooms, 3 bedroom living quarter, ample parking, great location with easy access from highway
    • Parking Stalls: over 20+
    • Open Hours: 8:30 am to 9 pm everyday
    • Lot Size: 13,503 SF (0.31 Acre) with a huge frontage
    • Building Area: Approx. 5,548 SF
    • Year Built: 1956
    • Zoning: C-1 (Commercial District)
    • Assessment: $372,700 (2017)
    • Business Inception: Not known (Long time) but Current owner since 2000
    • Reason for Selling: Retirement
    • Sale Price Includes: Land, Building, Equipment and Goodwill
    • Sale Price Excludes: All Inventory (Buyer to pay at Seller’s cost at closing)
    • Transaction Type: Asset Sale
    • Gross Revenue: Approx. $750,000 per annum
    • Average Margin: $35% (including all items sold in the store)
    • Owner’s Work Hours: One person; Less than 6 hours a day
    • Net Income: Approx. $130,000 per year

    Financial statements available to qualified buyers so please fill out, sign and forward
    the “Confidentiality Agreement” (last page of this brochure) to info@JohnYun.ca asap
    and contact John Yun at 604-500-4339 for more information!

     

    Features

    Features:
    • Ample Parking
    • Building
    • Convenience Store
    • Equipment & Chettels
    • Goodwill
    • Inventory Not Included
    • Land
    • Manager Suite