Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Grocery Liquor Store And Income Property In Pei For Sale

Prince Edward Island, Canada
Asking Price:
$1,000,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,996,000 (CAD)
Cash Flow:
$213,000 (CAD)

This 20+ year old company operates a rural community grocery & liquor store, and the property includes high-income rental units. The store operates year round and is a local essential provider of various grocery items, as well as hardware/paint/plumbing supplies, along with one of only eight PEI liquor agency outlets on the Island.

The retail business has done well during the pandemic, with a 45% jump in sales in 2020, and sustaining at 33% in 2021 (compared to 2019).

Our clients are selling the shares of the company for $1mil, including an internal allocation of $824k for the property and $176k for the retail business.

Prospective buyers should be prepared to discuss with the broker in advance their fit and ability to finance, prior to signing an NDA and receiving further information. Serious inquiries only please!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Rental units upstairs

Business Operation

Reasons for selling:

Retirement

Employees:
8
Years established:
20+

Other Information

Support & training:

The vendors are willing to negotiate a reasonable amount of post-transaction transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Some amount of vendor financing is negotiable

Contact BDO Canada LLP

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to BDO Canada LLP. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business