Asking price: $ 659,000
Reason for sale: Retirement
Business information
- Surface area: 4,210 m2
- Surface area: 356.75 m2
- Year of acquisition: 2006
- Year established: Over 30 years
- Full-time employees: 5
- Part-time employees: 4
Financial information
- Annual sales: $1,228,760
- Monthly payroll: $11,435
- EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $106,493
- Assets included in the sale: Land, Building, Inventory, Supplies, Furniture, Equipment, and Goodwill
This New Brunswick family business was founded over 30 years ago and has been operating successfully ever since. Located in the heart of the Acadian Peninsula, this business benefits from high visibility and traffic volume as it sits in the center of a village on a main thoroughfare.
The building of this small grocery store is large enough to house two complementary activities: grocery service and ready-to-eat service.
The small grocery store is divided into different sections to cater to the needs of its customers more efficiently. There’s a grocery section, a health products section, a hardware and pet supplies section, a toys section, a bazaar section, and a section for seasonal products such as hunting gear, fishing tackle, festive products, and others. The grocery section includes fresh produce, frozen foods, canned goods, beverages and more. The company listens to its clients by adapting to current consumer trends. It offers them flagship products, such as gluten-free and/or organic products.
The store is also a sales outlet for the Atlantic Lottery and a tobacco retailer.
As for the takeout counter, clients can choose from a variety of dishes. This counter is very busy at lunchtime. The company has set up both indoor and outdoor tables so that customers can eat on the spot at their convenience. To ensure full service, the company has added a beverage counter with a coffee corner and a slush corner. The takeout and ready-to-drink counters target a clientele of all ages, adults and children alike, thanks to a choice of order sizes (in Oz for dishes or cup sizes for drinks).
Over the years, the company has built up a loyal customer base. Thanks to its strategic location, it can also count on passenger customers (snowmobilers, four-wheelers, Véloroute cyclists and truckers).
The future buyer can consider many development opportunities He could, for example, propose new products for the grocery store. He might also consider setting up a lunchtime delivery service for meals, or developing a drive-thru service for drinks.
Contact us for further information.
