Successful Grocery Store

Ottawa, ON, CanadaConvenience/Variety StoreBusinessNo longer listed

No longer listed

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Listing details

No longer listed As listed until it came off the market, kept for reference.

Asking price
$224,900 CAD
Revenue (TTM)
$609K CAD
Cash flow (SDE)
Not disclosed

Figures in Canadian dollars, as reported by the seller while it was listed. What is SDE?

Highlights

  • Established in 2009

About this business

As the seller described it while it was listed.

Profitable Convenience / Grocery store on high traffic Carling Ave. In the same location for over 50 years, this long-standing convenience store is a neighbourhood institution with established and consistent customers. Turnkey operations with trained staff. Licensed for lottery and tobacco with opportunities to grow, including beer and wine in 2020. 2,000 sqft main level and two additional storage rooms in the basement. Good, long lease in place. Hours of operation 6:00am - 11:00pm (7 days). Could be extended to 24 hours. Call now! Seller will train as agreed.

All equipment, leasehold improvements and chattels included in the price. Financial information provided only on signing NDA. Financing can be arranged for the right candidate.

Business details

DetailInformation
Company nameFood Frenz
Business modelTraditional
Legal bodyIncorporated
Established in2009
Financing availableYes
% of business selling100%

Premises

DetailInformation
PropertyLand and building not included in the sale
Rent/Lease Amount$56,000 CAD a month

Buyer requirements

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Location

Ottawa, ON, Canada

Listed April 26, 2019 · Last updated May 6, 2020 · Listing ID #1649

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