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Calgary Grocery Business 6,999,999

Overview

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Ad number:#373661723
Contact:Gil
Zip:
Price:$6999999
Square ft:N/A
Beds:N/A
Baths:N/A

Description

The Affordable Business Partner connects buyers & sellers of businesses and commercial real estate in Alberta. Who can we introduce you to?

Opportunity to invest in a well-established larger sized grocery store located in Calgary. This business has shown a consistent growth year after year and in 2017/2018 enjoyed sales of approximately $12 million.  
 
Business at a glance. 
 The business enjoys strong profit margins 
 Excellent relationships with specialized vendors which insure new and exciting product lines for its customers  20,000 Sq. Ft. of retail floor space at very attractive lease rates 
 30 Well trained, full time and part time staff in place 
 Strong management in place. 
 The store offers unique product lines that are popular with a wide variety of customers 
 Full training will be provided to insure a smooth transition for the new owners 
 
This highly profitable business has a retail space of 20 000 sq. ft. and enjoys a very favorable lease. This business currently employs 30 (full and part-time). The stock is valued at $1.5 million (more or less) at cost.  
 
Interested buyers For qualified buyers there is a 3,500,000 pre-approved loan in place. 
 
Buyers must be able to demonstrate a minimum net worth of 3,000,000 prior to the seller prior to the confidential and financial information being released.   

Selling a business is easy. Finding a buyer is not. We offer several low-cost options to help you find buyers for your business. Find out how. Visit The Affordable Business Partner.com

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