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Business For Sale in:
Campbell River, BC

609 Island Highway

Price: $1,200,000

Ship's Chandler Business For Sale*

OPEN HOUSE

Currently there are No Scheduled
Open House Dates
Stewart

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Buyer Agent Friendly

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

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Bedrooms
2
Bathrooms
1 Storey

Redden Net Campbell River and Port Hardy for sale. This is a full service ship’s chandler, operating in two prime coastal location. Each location carries extensive lines of hardware and equipment, fishing gear (serving all sectors), safety equipment and miscellaneous supplies. Operating for almost 30 years, this business has a sterling reputation, and excellent relationships with customers and suppliers.

This business has a very strong financial record. It continues to show substantial growth year after year. There is plenty of opportunity for future growth and expansion into new markets.

Both locations are operated out of leased premises. Leases are on favourable terms.

Redden Net Co. (Campbell River) Ltd. is offered for sale via share sale. Redden Net Co. (Port Hardy) Ltd. Is a wholly owned subsidiary, and included in the sale. Both owners are happy to provide extensive transitional support.

Courtesy will be shown to cooperating brokers.

* Price inlcudes working capital and inventory

Dominion Lending Centres

4.30%

Current Variable Rate

4.95%

Current Prime Rate
Please Note: Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. & E.O
Terms
Bank Rates
Payment Per $100K
Our Rates
Payment Per $100K
Savings
6 Months
7.89 %
$756.21
7.49 %
$730.93
$25.28
1 Year
6.15 %
$648.75
5.24 %
$595.34
$53.41
2 Years
5.44 %
$606.90
4.79 %
$569.71
$37.20
3 Years
4.62 %
$560.16
4.14 %
$533.64
$26.53
4 Years
6.01 %
$640.40
4.34 %
$544.61
$95.79
5 Years
4.56 %
$556.81
4.19 %
$536.37
$20.44
7 Years
6.41 %
$664.38
5.19 %
$592.47
$71.91
10 Years
6.81 %
$688.72
5.29 %
$598.22
$90.50

Property Features

Listing ID: 723317

LISTING ID: 723317

Property Type
Business
Ad Type
For Sale
Parking
Unspecified Parking
Asking Price
$1,200,000
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