Specialty Food Market Retail Store For Sale

British Columbia

Asking Price: $317,389 ($439,000 CAD)
Business For Sale Details
Listed on May 16, 2024(Renewed on Dec 11, 2024)

RETAIL FOOD MARKET FOR SALE

Business Description
This business has been open since 1981. There are two partners who own this business. One of the owners is willing to stay on if a reasonable term of employment can be negotiated. They are selling fresh and frozen food and specialty foods. This is a famous store in the community, with a great location. Experienced staff, with a knowledge of product provide helpful cooking suggestions. Their loyal customers has made the store a success. They expanded into meat and poultry such as free run unmedicated chicken, organic beef, ostrich, bison, venison, elk, free run unmedicated turkey and quail eggs has added a uniqueness to the store.

Location Details
This leased premises of 1,817 sq. ft. is in a prime location in a mall situated in a suburban community in the Greater Vancouver area. There are well known major tenants located adjacent to the premises in the mall. A new five years lease has been agreed to with the landlord.

Financial Summary _2018 2019 2020 2021 2022___
Revenue 1,224,015 1,271,050 1,613,366 1,633,837 1,404,605
Adjusted net (6,629) (280) 136,834 57,585 TBD

There are two owners’ salaries included in expenses of $150,000.00.
Asking price – Open to Offers
For further detailed information please contact:
File # 874

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Financials (USD)

Asking Price $317,389

Cash Flow $132,305

Sales $1,012,176

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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