Richter Street, Kelowna, British Columbia V1Y8N3

Property Description

Acquire an established liquor retail business and its valuable liquor license in Vernon, one of the Okanagan’s sought-after four-season destinations. Address is brokerage office, business name, location and info package to be provided upon a signed non disclosure. This liquor store features approximately 2,100 sq. ft. of retail space, existing staff, equipment and goodwill, providing a foundation for a hands-on owner-operator or an established retailer looking to expand. Vernon’s lakes, summer boating, winter skiing and outdoor recreation attract seasonal visitors alongside the local community, creating opportunities to serve a diverse customer base. A new owner could explore product selection, targeted marketing and complementary retail offerings to build on the existing operation. The offering is a business asset sale; real estate is not included, and inventory is purchased separately. Any liquor license transfer is subject to required approvals. With BC’s moratorium on new private liquor store licences in place until at least July 2032, acquiring an existing licensed business offers a valuable route into the market, (id:5764)