47720
Full-Service Grocery Store
Available for Acquisition
(Client #47720)
Business Description
Ostir Business Brokers Ltd. has been exclusively engaged to market an established (50 years +) and profitable major brand, full-service grocery store including Grocery, Meat, dairy, frozen foods and Produce departments. The Business is located about one hour outside of Winnipeg.
The Business features a significant amount of assets including water-front real estate, specialized equipment and leasehold improvements. Significant improvements have been made to the grocery store over the years including checkout stands, aisle shelving, flooring, lighting and adding newer five-door Cooler and Freezers. This Business is ideal for a family run operation.
The acquisition opportunity includes Real Estate which features a second floor residential suite.
Current annual sales are approximately $4,300,000 with a Cash Flow of approximately $370,000.
Acquisition Considerations
The Company represents an excellent acquisition opportunity for established grocery industry participants, as well as individual entrepreneurs who should be attracted to the Company’s strong historic profits, experienced human resources, and strong operating systems. This business would make for an ideal “family operated” business.