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PDFGrocery Store with Bakery
Listing ID:
SASKABC000-N25
SASKABC000-N25
Confidential, Saskatchewan, Canada
Supermarkets and Other Grocery (except Convenience) StoresListing Status: Sold
Sunbelt of Saskatchewan
View all listings from this officePhone: (306) 382-5075 (306) 530-7899
Fax: (306) 382-5073
The following broker is assigned to this listing:
Wendell Friesen
sunbelt@sasktel.netCell: (306) 382-5075
Description
Great family run business in small town Saskatchewan is for sale due to pending retirement. Approximely 1/2 hour from major center. Very good place to raise a family with K-12 school. Wide variety of grocery products along with full line bakery, video rentals, catalogue order pickup, and many other items. Stable revenues and cash flows proven over many years of operation. Very profitable. Includes expanded building, approx. $70,000 worth of inventory, store equipment including coolers, freezers, and cash registers, excellent inventory control system. This business is not declining at all - it is thriving - just needs new owners to take control so that present owners can retire.
Very reasonably priced business, owners are motivated and will look at all offers.
Financials
| Asking Price: | $255,000 |
|---|---|
| Revenue: | $658,000 |
| Cash Flow: | $131,000 |
| Downpayment: | $0 |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | N/A (Included in Asking Price) |
| Inventory Asking Price: | N/A (Included in Asking Price) |
| Financing Available? | No |
Property
| Asking Price: | $0 (Included in Asking Price) |
|---|---|
| Building Size: | 5000 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1977 |
| Year Acquired: | 1989 |
| Full-Time Employees: | 3 |
| Part-Time Employees: | 1 |
| Reason For Sale: | Owners eager to retire after 20 years in the business. |