47695
Full-Service, Brand Name Grocery Store
Available for Acquisition
(Client #47695)
Business Description
Full-Service, Brand Name Grocery Store - Opportunity #47695
Thank you for your inquiry.
Ostir Business Brokers Ltd. specializes in the confidential sale of established and profitable Western Canadian businesses (www.ostirbusinessbrokers.com).
Ostir Business Brokers Ltd. has been exclusively engaged to market an established (25 years +) and profitable major brand, full-service grocery store including bakery, dairy, frozen food, deli, fresh meat, produce and on-line purchasing/home-delivery departments. The Business includes an experienced team of approximately 21 non-union employees including a full-time store manager and bakery manager which will help to ensure a smooth transition.
The Business features an excellent Winnipeg location and significant amount of assets including specialized equipment and leasehold improvements with a total replacement value in excess of $750,000. Improvements to the grocery store have been made over the years including improvements to aisle shelving, checkout stands, refrigerators and freezers and operating systems.
Historic sales have been strong. Sales in 2023 were approximately $5,000,000 with an EBIT-DA of approximately $600,000. The Company is being offered for $600,000 plus inventory (inventory estimated to be $325,000)
Parties interested in receiving additional information should sign the online confidentiality agreement below. Any additional questions can be sent through e-mail to gostir@ostirbusinessbrokers.com. All inquiries relating to this opportunity should be directed to Gary Ostir (204) 504-4028 (direct and private line).
Your courtesy and respect regarding the Vendor’s request for confidentiality is appreciated.