Company Profile
Business Overview
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.
Sale Information
Asking Price: $2,500,000 (inclusive of property)
Type of Sale: Share/Stock Structure, Cash Free and Debt Free
Assets Included in the Sale:
• Liquor Licence (RLRS)
• Property and Equipment
• Fuel Distribution Agreement (Negotiable)
• 13.3-acre property (Commercial)
• 5,400 sq ft. Two-storey Structure (4,000 sq ft. Single Level Store; 3 Bedrooms and 1 Bathroom Residential Suite)
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