Grocery store

Asking price: $388,000

Reason for sale: Retirement

Company information

  • Land Area: 20,914.28 ft2
  • Building Area: 3,000 ft2
  • Year of acquisition: 1995
  • Established Year: 1955
  • Full-time Employees: 2
  • Part-time Employees: 0

Financial information

  • Annual Sales: $929,830
  • Monthly Payroll: $4,971
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $61,547

  • Assets Included in the Sale: land, building, inventory, supplies, furniture, equipment, and goodwill

This family business, from the 1950s, has been managed by the current owners since 1995. This corner store is open every day, from Monday to Sunday.

 

This store offers a wide range of products for sale, including groceries, ice cream, children’s toys, lottery games, and hardware and paint products. More seasonal products are also marketed such as fertilizers for the soil, hunting and fishing items, festive products, etc. All this merchandise can be purchased on site.

 

In addition, many development opportunities could benefit the future buyer in the expansion of this business. The latter would have the possibility to develop the online sale not exploited until today and to introduce new products.

 

The key to the success of this business is the welcome and the service offered to its customers. Thanks to this, it benefits from a loyal and temporary clientele.

 

This business is equipped with a secure and reliable terminal, allowing the processing of payments with all types of cards (credit/debit) such as groceries, ice cream, hardware items and painting equipments.

 

Contact us for more information.

Request for information

For information about this company please send us an email at info@canadest.com or fill out the form below.

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