Full-Service Grocery Store

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BUSINESS INFORMATION

LISTING ID: 

230801

2023 REVENUE:

$2.66M

SDCF:

$152K

OPPORTUNITY

Rare opportunity to operate a successful, secure, safe, turn-key grocery store located 40km east of the Bruce Nuclear Power Facility, in a small rural Ontario community that shops local and is appreciative of this store.

The buyer must be willing to re-locate to a small town, work within the business and become part of the community. There are many benefits to living in a small community such: as getting to know your neighbours which can lead to meaningful connections; a more peaceful and healthier environment with a slower pace of life, less stress and noise; and a lower cost of living.  With the lower cost of housing, compared to the GTA, this is a great opportunity for a family or extended family.

Grocery experience is not necessary, but skills in human resources, communication and good organizing are an asset.

The owners are looking to retire but are willing to give extensive training to ensure the buyer’s success.

The sale includes the real estate and business.

BUSINESS HIGHLIGHTS

Company operates from a 7,600 square foot space with 5,200 square feet of retail space.

Situated in a rural community in Southwestern Ontario this is the only full-service store within 20 kilometers radius.

With 15 dedicated employees the store offers a butcher department, OLG tickets, bakery services, meals-to-go and deli, fresh produce and giftware.

The company has a purchasing contract with a major Canadian grocery supplier to access controlled brands and brand name products; they are also able to purchase local and specialized products to support the local economy.

The company taken steps to greatly limit the environmental impact of the store through renovations in 2014 and integrates environmentally friendly practices daily.

REASON FOR SALE

Owners wish to retire but are available, for a negotiated period of time, post-closing to assist with the transition.

IDEAL CANDIDATE

The ideal candidate must be willing to relocate to a rural community and should have business acumen and management skills.

FINANCIAL REQUIREMENT

Potential buyer should have access to at least $800K in unencumbered funds as the sale includes both the business and the real estate.

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