$725,000
Food Business Retail / Food Retail Grocery
A well-established and highly profitable grocery store located in a thriving northern Alberta town is now available for acquisition. This business has been serving a population of approximately 5,500 people for several decades and has built a loyal customer base. It offers a wide range of products, including fresh produce, meats, dairy, baked goods, and general grocery items.-Strong Financial Performance: Average sales of $72,000 per week last fiscal year with a gross profit of 28% in FY2022.
-Prime Location: Situated in a high-traffic area with excellent visibility and easy access, ensuring a steady flow of customers.-Limited Competition: There is only one smaller competitor within a 75 KM radius, enhancing market dominance.-Loyal Customer Base: A reputation for quality products and excellent customer service has resulted in a strong, loyal customer base.-Well-Established: The business has been a cornerstone of the community for several decades.-Growth Opportunities: Potential for expansion into new product lines, services, or digital sales channels to further increase revenue.-Turnkey Operation: The business is fully operational with experienced staff and all necessary equipment in place. Absentee owner.
-Supportive Community: Located in a supportive and close-knit community, contributing to a stable business environment.-Vendor Relationships: Strong relationships with a variety of suppliers ensure a diverse and consistent product offering.-Recent Upgrades: Major, money-saving upgrades to coolers, freezers, and lighting were completed in 2021, enhancing operational efficiency.-New software management system that allows remote management with real-time reporting.Interested parties are invited to inquire further for additional information. Please contact us to sign a non-disclosure agreement (NDA) and receive the detailed information memorandum.
For inquiries or to get in touch with us directly, please feel free to reach out via the provided phone number or complete the form below. We’re here to assist you in any way we can, making your business exploration as seamless as possible.
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