← Back

Retail Business For Sale in Surrey, BC (Listing ID: 3029)

Retail
More From Seller (0)
Interested in this listing?

You must have a Buy And Sell A Business account in order to initiate contact with the seller. Create your FREE account or Login if you are an existing member.

Annual Return On Equity Calculator

Annual Earnings:

$500,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Highly Profitable Indian Grocery Business For Sale

Retail Surrey, BC

$900,000 CAD

Independent

Retail

Highly Profitable Indian Grocery Business For Sale

Highly profitable Indian Grocery & specialty goods retailer in the lower mainland area of Vancouver. Located in a busy shopping complex in the heart of Surrey which has one of the highest concentrations of Indians in Canada. Operating in a niche market carrying a variety of Pooja Samagri, kitchenware and groceries.

Tremendous growth year over year. A truly pandemic proof business that saw sales growth through the pandemic. The business has been around for over 30 years.

Clean and well organized shop with many loyal customers. Up to date POS system with inventory and sales history with multiple checkout units and additional computers with scanners for stock entry and changes.

Full training available, will teach everything from the ins and outs of importing products directly from manufacturers, sourcing products locally, attracting customers, potential growth strategies, operations and staffing, and notes and preparations for major busy periods.

Price does not include building, stock, assets or lease. Must sign NDA to receive further information. Serious inquiries only.

$900,000 CAD

Surrey, BC Retail Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1994

Proprietary Assets:

Stock of approximately $200-400k. Stock will be counted at time of purchase and added to purchase price.

Last Year of Completed Statements

2021

Gross Revenue:

$ 2,400,000

Annual Earnings:

$ 500,000

Land/Building Included:

No

Rent/Lease Amount:

$ 8,800

% 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.

Buyer's networth must be greater than $600,000.00

*DISCLAIMER: BuyAndSellABusiness.com assumes no responsibility for the accuracy of any information shown.