Business Opportunity for Sale
Catylist Listing ID: 30462901
Property Subtypes: Retail Stores
Building Size (RSF): 3,651 SF
Sale Price: $899,000
Name of Establishment: Garven Convenience Store
Year Business Established: 1989
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Sale Terms: Cash and/or mortgage.
Last Updated: 4/1/2020

Overview / Comments

Price Adjusted! Owner wants to retire after 30 years. "The Garven Store" has been a fixture in the community for many years servicing EAST St Paul/ST Clements/Birds Hill Park. and Oakbank. This store comprises of a large selection of C-Store Items/Grocery Store/Liquor/Tobacco/Lottery Tickets/Movie Rentals/Coffee Shop with potential Gas Sales (Installed but never used w/ above ground tank). This is a 1 1/2 Story combined Commercial/Residential Building.

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Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Industry Segment: Convenience Stores
Reason for Selling: Long term owner wishes to retire after 30 years.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Part of Planned Development?: Yes
Employee/Labor Description: Owner managed establishment. Entirely family owned and run for past 30 years.
Mgmt/Training Support Description: Will train replacement staff with accepted offer.
Competition/Market Description: Oakbank is the closest competitive market. Business does very well with little competition in the area.
Growth/Expansion Opportunities: New pumps and tanks installed (never used). Phase 1 & Phase 2 Environmentals completed and available to view with valid offer and signed non-disclosure. Good opportunity.

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Photograph of Listing Agent

Gary Davlut

Coldwell Banker Preferred Real Estate
CPIX® Member
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