Town of Bay Roberts - Economic Development

BUSINESS OPPORTUNITIES

Diversity in its business base has been a reason for success of the town of Bay Roberts. Unlike many small towns in Newfoundland and Labrador, Bay Roberts does not have one key industry; as a result, when one part of the economy rises or falls, the other sectors provide support. The chart below, indicating relative commercial property values for the town, illustrates the range of business that make up the town economy. Retail businesses account for more that half of the value, however, within that broad category there are a wide variety of businesses, including automobile sales and services, building materials and supplies, and retail grocery stores.

The Bay Roberts business sector is expanding all the time, with more than 250 businesses recorded in the town’s directory. The Klondyke Hotel expanded to double its size since opening in 2003. Rona Building Supplies, Price Chopper Supermarket and the Newfoundland Liqueur Corporation opened new locations in the Beaver Plaza Shopping Mall. Shoppers Drug Mart has constructed a large new building, which opened in November 2006.

MAJOR INDUSTRIES

The Total Experienced Labour Force of 2125 persons are employed in the following sectors.

Wholesale and retail trade 475 persons - 22%
Health and education 410 persons -19%
Other services 405 persons -19%
Manufacturing and construction industries 385 persons -18%
Business services 220 persons -10%
Agriculture and other resource-based industries 130 persons - 6%
Finance and real estate 90 persons - 4%

BUSINESS OPPORTUNITIES

Bay Roberts is a wonderful place to live! As a result, almost 60% of the town's revenue comes from residential taxes. See Chart below.

The Economic Development Department would like to increase the percentage of revenue from business taxes. The town's zoning maps illustrate the large area of the town that have yet to be developed. The municipality offers a "total package" to potential developers - space, services, infrastructure, access to markets, and an available workforce.

What Type of Development is Possible?

The town's central location, its involvement in provincial sports tournaments through the Bay Arena, Ascension Collegiate, and the Amalgamated Academy, its proximity to a popular sites for summer cottages, its established reputation in furniture sales, all occasion gifts, and automobile sales and servicing, there are many opportunities for new retail businesses.

The town's easy access to transportation routes, excellent communications infrastructure, and large amount of available space, make it an excellent site to start small manufacturing or wholesale businesses.



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BUSINESS OPPORTUNITIES Diversity in its business base has been a reason for success of the town of Bay Roberts. Unlike many small towns in Newfoundland and Labrador, Bay Roberts does not have one key industry; as a result, when one part of the economy rises or falls, the other sectors provide support. The chart below, indicating relative commercial property values for the town, illustrates the range of business that make up the town economy. Retail businesses account for more that half of the value, however, within that broad category there are a wide variety of businesses, including automobile sales and services, building materials and supplies, and retail grocery stores. The Bay Roberts business sector is expanding all the time, with more than 250 businesses recorded in the town’s directory. The Klondyke Hotel expanded to double its size since opening in 2003. Rona Building Supplies, Price Chopper Supermarket and the Newfoundland Liqueur Corporation opened new locations in the Beaver Plaza Shopping Mall. Shoppers Drug Mart has constructed a large new building, which opened in November 2006. MAJOR INDUSTRIES The Total Experienced Labour Force of 2125 persons are employed in the following sectors. Wholesale and retail trade 475 persons - 22% Health and education 410 persons -19% Other services 405 persons -19% Manufacturing and construction industries 385 persons -18% Business services 220 persons -10% Agriculture and other resource-based industries 130 persons - 6% Finance and real estate 90 persons - 4% BUSINESS OPPORTUNITIES Bay Roberts is a wonderful place to live! As a result, almost 60% of the town's revenue comes from residential taxes. See Chart below. The Economic Development Department would like to increase the percentage of revenue from business taxes. The town's zoning maps illustrate the large area of the town that have yet to be developed. The municipality offers a "total package" to potential developers - space, services, infrastructure, access to markets, and an available workforce. What Type of Development is Possible? The town's central location, its involvement in provincial sports tournaments through the Bay Arena, Ascension Collegiate, and the Amalgamated Academy, its proximity to a popular sites for summer cottages, its established reputation in furniture sales, all occasion gifts, and automobile sales and servicing, there are many opportunities for new retail businesses. The town's easy access to transportation routes, excellent communications infrastructure, and large amount of available space, make it an excellent site to start small manufacturing or wholesale businesses.
Telephone: (709) 786-2126 Fax: (709) 786-2128 E-mail: info@bayroberts.com © 2012, Town of Bay Roberts