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New property listed in Queensborough, New Westminster

New property listed in Queensborough, New Westminster

I have listed a new property at Queensborough, New Westminster. See details here

Well-established 2,700 SF liquor retail business in a high-traffic New Westminster corridor, immediately adjacent to Costco, Walmart and major highway access. Under current ownership (since June 2025), inventory has been fully rebuilt, product mix optimized, and store presentation upgraded, resulting in stabilized six-figure monthly sales and strong margins. Gross sales consistently range from approx. $125,000–$158,000 per month with 9,300–9,500 transactions and blended gross margins in the 32%–34% range. Revenue mix weighted toward higher-margin spirits and wine. Premises are 2,700 SF with basic rent of $16,000/month plus approx. $3,109.50 additional rent. Lease expires March 31, 2027 with two additional five-year renewal options. Liquor license is non-transferable and remains with the property. Turnkey opportunity in a proven big-box anchored location with strong repeat and destination traffic.

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