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Food store - ladner
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Form:Sale established business
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Activity:Running
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Type:Intermediary
CA759513
Relevance check: 16.11.2023
Business description
Astra Business Corporation Seller Profile_______
CONFIDENTIAL M&A CONSULTANTS
CONFIDENTIAL ACQUISITION OPPORTUNITY
RETAIL FOOD MARKET FOR SALE
Business Description
Don’t miss this opportunity on this well established turnkey fresh seafood and gourmet food store. They have been selling fresh local seafood for 40 years! (30 years at this location).
They have expanded into specialty and artisan foods such as cheeses, poultry, meats, pastas, condiments and so much more.
Huge selection of take-home prepared meals, which adds to the uniqueness of the store. This is a famous store in the community in a great location. One owner retiring and second owner may manage if a reasonable term of employment can be negotiated.
Additional Revenue Potential
Currently the business does not have any social media presence and no marketing or on-line ordering. This could add considerable revenue if utilized.
Location Details
This leased premises of 1,817 sq.ft. is in a prime location in a mall situated in a suburban community in the Greater Vancouver area. There are well known major tenants located adjacent to the premises in the mall. A new five years lease has been agreed to with the landlord.
Financial Summary 202020212022_____2023 (Projection)
Revenue 1,613,3661,633,8371,404,6051,500,000
Adjusted net 136,83446,726 (22,908) 120,000
There are two owners salary in wages of $88,000,00 each - $176,000,00. Plus, perks.
SDCF - Normalized Cash Flow - $155,788.
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Units:Operating business, Tangible assets, Intangible assets
Geography and location
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City:
Transaction terms
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Price:C$ 767 000
Corporate issues
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Number of owners:1
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