BUY BC BUSINESSES Business Buyer's Guide Vancouver Island Coastal Region Fall 2015 | Page 24

General Store Victoria $1,558,000 Common Mistakes by Business Sellers Sell when things are bad (only 5% of owners sell while near the top of their game) PNP Qualified. A well and long established General Store(4,000 sq.) with a building in a suburb area. It has a living quarther of 2,000 sq. upstairs. Sales over 1.5 milions, and it is a money making business. Nice country living and no competition. It takes only 30 minutes to downtown Victoria. Please don’t approach staff. Don’t give themselves the time to prepare the business for sale and find their best buyer (often up to 3 years) Don’t consider all buyer possibilities or fail to understand value of the business for each buyer type Claire Yoo, Pemberton Holmes Victoria, BC T. 250.384.8124 E. [email protected] Do a poor job of communicating value and opportunities of the business to potential buyers Commercial Sidney $1,580,000 Have cluttered and hard to understand financials Inflexible with offers that are not exactly what they are looking for Waffle about timing for their exit; avoid planning like the plague Excellent Investment Commercial Building in Beautiful Sidney BC!! 3 Separate Units: 2 restaurants and a grocery store. Owners Operate The Grocery Store Which is included in the purchase price. Shows Healthy Yield And Has Lottery Terminal. High Traffic Area And Very Established Clientele. Additional Income From Leases Makes This A Very Attractive Investment. Please don’t approach tenants or staff. Claire Yoo, Pemberton Holmes Victoria, BC V8X 2S9 T. 250.384.8124 E. [email protected] Commercial Saanich West $1,975,000 Industrial site of 16,117 sq ft close to Uptown with 3 story older building with a foot print of 3840 sq ft, allowing lots of parking space. Net revenue on building currently $97,220 p. a. with rental rates way below market. Ideal for a business that needs more than normal \