Successful, Upscale Grocery Business For Sale

Business Opportunity for Sale
Catylist Listing ID: 30371270
Property Subtypes: Food and Beverage
Building Size (RSF): 6,051 SF
Sale Price: $1,150,000 - 1,450,000
Name of Establishment: SIMPLY DELICIOUS NATURAL & GOURMET MARKET
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 10/22/2019

Overview / Comments

OUTSTANDING OPPORTUNITY FOR ENTREPRENEURIAL-MINDED, HANDS-ON, OWNER-OPERATORS.
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MARKETED BY MCL REAL ESTATE GROUP - 100% share sale of a successful, upscale grocery business known as SIMPLY DELICIOUS NATURAL & GOURMET MARKET. Well established business has operated for over 30 years at its current location. The 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. Recent changes in the local grocery market have solidified this opportunity and provided possibilities to further expand market share in the area through reduced competition. Revenues and discretionary earnings are stable and strong. Potential for solid net income. Approx. 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, CIM with financials available with a signed confidentiality agreement. For more information on this outstanding entrepreneurial opportunity contact Kris McLaughlin, MCL Real Estate Group at 250.870.2165 or kris@mclrealestate.ca.

Share Sale Price: $1,150,000 + GST + Inventory
Asset Sale Price: $1,450,000 + GST + Inventory
MLS®: 10189290

Brochure & NDA: https://bit.ly/2xIMc49
More Property Information: https://bit.ly/32WVOa9

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

Nearest CMA: Vernon
Regional District: North Okanagan
Industry Segment: Grocery and Supermarkets
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $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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