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Listing ID: 2137

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$450,000 CAD

GROCERY STORE

Profitable Grocery and Convenience Store for Sale

Kitimat, BC

Independent

$450,000 CAD

GROCERY STORE

Profitable Grocery and Convenience Store for Sale

Kitimat, BC

Independent

Chinook is excited to offer for sale an iconic, profitable, established, well run specialty grocery and convenience store in Kitimat, BC. Entering its 37th year of business, Tonys Specialities or Tony's Corner Store has built a reputable brand that is loved and supported by its many repeat customers. As a result, Tonys historical annual sales have averaged more than $1.2M not including lottery sales.

Tonys delivers a variety of specialty grocery items, in addition to more traditional convenience store items to its loyal customers from Kitimat, Terrace and across Northwest B.C. Contributing to Tonys success are its exclusive supplier relationships, store cleanliness, and superior customer services, allowing the store to differentiate itself from competitors and provide a new owner with consistent and rising income.

With an average SDE exceeding $120,000 and well-established systems and procedures in place, this is an excellent turn-key investment opportunity for an owner/operator who wishes to take advantage of the upcoming LNG boom in Kitimat.

Legal Body

Incorporated

Established In

1983

Last Year of Completed Statements

2019

Gross Revenue

$1,261,231

Annual Earnings

$118,522

Land/Building Included

No

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

No

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

Buyer does not need specific industry experience.

BizON assumes no responsibility for the accuracy of any information shown.

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Annual Return On Investment Calculator

Annual Earnings:

$118,522

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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