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Retail Food Store
Location: Canada -> British Columbia -> Delta
Industry: Retail > Other Retail




Business Summary

RETAIL FOOD MARKET FOR SALE

Business Description
Don't miss this opportunity on this well established turnkey fresh seafood and gourmet food store. They have been selling fresh local seafood for 40 years! (30 years at this location).

They have expanded into specialty and artisan foods such as cheeses, poultry, meats, pastas, condiments and so much more.

Huge selection of take-home prepared meals, which adds to the uniqueness of the store. This is a famous store in the community in a great location. One owner retiring and second owner may manage if a reasonable term of employment can be negotiated.

Additional Revenue Potential
Currently the business does not have any social media presence and no marketing or on-line ordering. This could add considerable revenue if utilized.

Location Details
This leased premises of 1,817 sq. ft. is in a prime location in a mall situated in a suburban community in the Greater Vancouver area. There are well known major tenants located adjacent to the premises in the mall. A new five years lease has been agreed to with the landlord.


Financial Summary 2020 2021 2022___
Revenue 1,613,366 1,633,837 1,404,605
Adjusted net 136,834 46,726 (22,908)

There are two owners salary in wages of $88,000.00 each - $176,000.00. Plus, perks.

SDCF - Normalized Cash Flow - $106,338

Asking Price for Shares - $579,000
For further detailed information please contact:
File # 874

Bob Hughes
Astra Business Corporation
T- 604.240.6164


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,404,605
Cash Flow:   $106,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $83,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1981
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will train buyer
Reason For Selling:  Retirement




Print Listing Id: 700386663
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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