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Profitable Grocery Store in Northern Alberta for Sale

Profitable Grocery Store in Northern Alberta for Sale

Business Type: Food Business Retail / Food Retail Grocery


    • Listing# : 17080
    • Listed Price : $725,000
    • Total Sales : $3,755,475
    • SIC : 5411
    • Down Payment : $725,000
    • Status : Active
    • Discretionary Earnings : $84,243

Business Type

Food Business Retail / Food Retail Grocery

Business Description

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.


Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:Available
    • Inventory: $450,000
    • Incl: Yes
    • Liabilities: $476,939
    • Incl: No
    • FF&E: $300,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $30,000
    • Incl: Yes
    • Total Assets: $780,000
    • Incl: Yes

Get More Information

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Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:Available
    • Inventory: $450,000
    • Incl: Yes
    • Liabilities: $476,939
    • Incl: No
    • FF&E: $300,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $30,000
    • Incl: Yes
    • Total Assets: $780,000
    • Incl: Yes

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