Successful, Upscale Grocery Business For Sale

Undisclosed Address, British Columbia
Business Opportunity for Sale
Catylist Listing ID: 30371270
Property Subtypes: Food and Beverage
Building Size (RSF): 6,051 SF
Sale Price: $1,250,000 - 1,450,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 6/19/2019

Overview / Comments

OUTSTANDING OPPORTUNITY FOR ENTREPRENEURIAL-MINDED, HANDS-ON, OWNER-OPERATORS.

100% share sale of a successful, upscale grocery business. Well established business has operated for many years at its current location. Store specializes in groceries, produce, dairy, fresh baked goods, gluten free items, vitamins, spices, bulk foods, and meat products. High profile location, with over 24,000 households within 15 mins This turn-key grocery store is operational, fully fixtured and ready to go for an entrepreneurial-minded hands-on owner-operator. Revenues and discretionary earnings are stable and strong. Monthly sales consistently close to $150,000/month. Potential for solid net income. 3-years remaining on the existing lease and a further 5-year renewal term at market rents. Inventory is at an additional cost over the purchase price. Current owner willing to provide training and support. Confidentiality is mandatory, name and address of this upscale grocery will be released with a signed confidentiality agreement.

Price: $1,250,000 + GST - Share
Price: $1,450,000 + GST - Assets
MLS®: 10175134
Brochure & NDA: https://goo.gl/RLZFDL

Kris McLaughlin, CCIM, ACP
kris@mclrealestate.ca
250.870.2165 (cell)
Personal Real Estate Corporation

MCL Real Estate Group - McLaughlin Commercial Luxury
RE/MAX Kelowna
100 - 1553 Harvey Avenue
Kelowna, B.C. V1Y 6G1

Additional Details

Industry Segment: Grocery and Supermarkets
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: 100% Share Sale of the business operating as a Grocery Store.

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Contact

Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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