HIGH CASH FLOW BUSINESS with PROPERTY.
Great opportunity to get into the commercial
real estate market in the booming town of
Kitimat. This property is nearly 20,000 sq. ft.
with a 2800 square foot building that being
operated as a Convenience Store and
Laundromat. The building has been completely
updated with the owners investing close to
400k in recent exterior and interior upgrades.
Gross revenues are over 2M, with adjusted net
income over 300k per year. A new owner
could add new services or expand the existing
footprint to drive growth. This is a great
opportunity to get in on a high cash flow
business in this desirable region.
CAP RATE – 13% - 15% - HIGH CASH FLOW
LOCATION, WITH OPPORTUNITY FOR GROWTH
OVER 2.3MILLION IN SALES- HIGH NET INCOME.
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