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Successful Profitable Grocery Store In Gananoque, ON For Sale

Gananoque, Ontario, Canada
Asking Price:
$350,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,000,000 (CAD)
Cash Flow:
Available on request

Asking Price: $ 350K(CAD)
Revenue. : $ 1 Million (CAD)
Lottery Commissions: $ 55-65K(CAD)
Cash Flow : Available On Request

For over 30 years this convenience store has been a staple in its community. Located at the corner of two major intersections in a busy Downtown with ample parking. no competitors around the neighborhood, owner is going to retired, looking for serious buyer to take over. Opportunities to expand into selling alcohol, beer and other liquors. Being surrounded by residential areas support customer loyalty . there is a lot of foot traffic. Seller is willing to train to ensure a successful transition. This is so much potential in this longstanding business. The business sells grocery items, lottery and tobacco products. Monthly lottery commission is more than the rent. Great sales on grocery and steady all year round. This rare opportunity won’t last long.
The transaction will include:
All equipment. (Details in chattels List)
POS software and management systems.
Supplier information.
The Building Lease transfer.
Transition training and support.

All financials available for serious inquiries only.

Asking Price For The Business Only : $ 350K (Excluding The Inventory).
Rent :$3000 a Month.
For more information, please contact us by using the form below.
Other Information
Inventory / Stock value: $ 70-100K (CAD) (Excluding in the asking price )

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 years with a 5 year renewal

Leasehold Rent:

$36,000 (CAD) per annum

Location:

Gananoque, ON

Size in square feet:
2800 SQFT

Business Operation

Competition / Market:

Ideal Location, no competitors around the neighborhood, without Con. Store in 1KM.

Reasons for selling:

Owners will Retire After Running the Store for many years.

Trading hours:

Mon.-Friday :6:30 AM- 11:30 PM, Weekend: 7:00AM-11:30 PM

Employees:
3 (including owners :2 )
Years established:
Over 30 Years

Other Information

Support & training:

Owner will support new owner smoothly transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

For Qualified Buyer, Seller may consider to financing up to 20-25% of The sale price

Furniture / Fixtures value:
$350,000 (CAD) - included in the asking price
Related Documents:

Contact Seller

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