Listing ID: WD BTF06122018

Location: Northwestern Alberta to Beaverlodge, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Grocery Store / Supermarket

 

Business Overview

A longtime focal point of a tight-knit community, this business has been providing the staples of life to rural Albertans for almost forty years!
The business is a full-service grocery store with dairy, bakery, fresh produce/floral, and meat department with smokehouse! Land and buildings to be sold with the business, this is an excellent opportunity for anyone looking for stable revenue for years to come. There is limited competition within the community and little expectation of new players entering the market. In a province that experiences the ups and downs tied to the energy industry, this supermarket has remained a consistent producer. Owning and operating this very diversified business would present both a challenge and reward for a new
owner.

Why This Business

  • Highly motivated seller
  • Limited competition
  • Successful business partnerships
  • Location and prominence in the community
  • Stable demand
  • Loyal and dedicated customers
  • Dedicated staff

Are the current owners the founders? No      How long? 12 years
Is this a Franchise Business? No
Owner Support/Training: Negotiable
Reason for Sale: Owner pursuing an opportunity in a neighboring province.

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premises part of this sale? No, the property may be purchase separately from this offering. Alternatively, the Vendors are willing to negotiate a suitable lease agreement.
What is the cost of the lease? Not applicable

Documents Available For Review

Business Sales Memorandum, Financial Statements, Equipment List

Operational Summary

Snapshot

Annual Revenue: $ 2,333,771

Discretionary Earnings: $171,635

Assets: $ 175,000

Information

  • Year Established – 1995

  • # of Employees – 5 Fulltime / 3 Part Time

  • Asking Price – $355,000 plus inventory

  • Seller Financing – Negoitable

  • Inventory: $ 188,000

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