Neighbourhood Grocer in Edmonton
Grocer / Posted 2 weeks ago
2400 sq ft neighbourhood grocery store in Edmonton is for sale.
This store is situated near high density/high income condos and on the edge of one of Edmonton’s most affluent communities.
It has a loyal client base, who rely on the store for everyday groceries and treats, and increasingly for signature home-cooked meals.
The store’s average revenue over the last 3 years was $2.75M, while the profit (after paying the owner salaries) averaged $245,000. Cash flow is in that range as well.
The owners are looking at retirement, and would like to sell the business (real property is not included in the sale – the business leases the premises), and are looking to sell what they’ve built to a motivated individual, couple, or company.
Inquire today to get the ball rolling!