Industrial For Sale in CS Keating, Central Saanich

$650,000
It’s rare to get to purchase a great local business and real estate together. This is a great opportunity to purchase an established, successful, well-branded food manufactory with amazing upside potential. This great local business has been in operation for almost 25 years and has shown a consistent history of profitability. All aspects of the operation are completely documented. The owners run the business with no outside employees, but the work can easily be done by one person working less than full time hours. Their products are sold in grocery stores and specialty stores across BC and into Alberta, with an unrealized opportunity to work with a large distributor to attack the whole Canadian Market. The company has remained profitable through COVID-19, experiencing their most profitable year in 2021 with Sellers Discretionary Earnings of more than $150,000. The business is listed at $400,000 through Chinook Business Advisory Ltd. A new owner also has an option to purchase the real estate associated with the business. The 1360 square foot commercial strata unit with an 800 square foot mezzanine if valued at $650,000. Business and property listed at $1,050,000. NDA Required for more details. Property is not being sold separately at this time.
List Price $650,000
Property Type Commercial Sale
Type of Dwelling Industrial
Area Central Saanich
Sub-Area CS Keating
Year Built 2010
Maint. Fee $225.00
MLS® Number 888693
Listing Brokerage Pemberton Holmes - Cloverdale
Tax Amount $3,685
Tax Year 2021

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Engel & Völkers Vancouver Island

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