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Community Grocery Store For Sale

Canada
Asking Price:
$419,000 (CAD)
Sales Revenue:
$2,300,000 (CAD)
Cash Flow:
$130,000 (CAD)

A community staple and the place where many run into one another, this is your local grocery store and it's one of the most important retail operations to keep a community going.

- affiliated with major banner
- currently operating 91 hours per week
- $120k renovation in 2020

Revenues have been trending up YOY for several years and there is much additional upside that can be created with a few simple additions.
2019 - $2.07M
2020 - $2.27M
2021 - $2.45M

Seller's Discretionary Earnings:
2020 - $159k
2021 - $128k (some higher expenses incurred as a result of expanded offering)

Excellent high traffic, high visibility, leased location of approximately 5,000 sft. There are 3 years left on current term with an option to renew for 5 years. Additional renewal terms available.

Property Information

Real Estate:

Real Property Included

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