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Priced $1,000,000.00 plus stock (approx $300,000). This company made close to $1M (One Million Dollars) in profits to the owners with annual sales of almost $11M. Financial statements are well documented to prove sales and profit numbers. This is a real gem for a retail oriented buyer with the management skills and financial capabilities to purchase and manage this business.
On top of it's amazing profits, this store has incredible potential for growth since it is located in one of the highest growth areas in GTA-West with large residential developments popping up in the area. Despite competition from large retail food chains, the store continues to attract more customers seeking fresher food, shorter waiting time at the cashier, more diverse products and personalized services not provided by larger food retail chains. The store has also been able to offer very competitive prices thanks to its large purchasing power.
This is an extremely low priced business that will not last long in the market. A financially capable buyer with management skills and a serious interest in retail and with the capacity to act quickly will have a big advantage.
This Business is Sold
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