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Retail Business For Sale in Toronto, ON (Listing ID: 3883)

Retail
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Annual Return On Equity Calculator

Annual Earnings:

$150,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Retail

West indian/caribbean grocery store

Exclusive opportunity, we'll established, profitable, turn key west indian store with average sales of over 35k sales per month. All records available.
Lots of room for further growth as we do not sell pork products, (pig tail) patties etc. Also a huge demand for African,bengali,afghani, sri lankan and indian groceries which we do very little of. The store has a double sink where you can prepare food items.
We are agents for uhaul rentals and do Western union money transfers.
Located on kennedy just south of Eglington in the vicinity of lots Filipino, west indian and african customers. Located at 707 kennedy road.
Rent is 2550 per month. That includes tmi. Around 900 Sq foot.
We are well established in this neighborhood for over 20 years.
Everything produce and grocery is delivered to the store.
Take over seamlessly and start generating income from day one.

Asking 180k plus inventory. Serious enquiries only please. We want to sell but not in any desperate situation to let our business go. It is an excellent source of income.

$200,000 CAD

Toronto, ON Retail Business For Sale Details

Independent

Company Name:

Amerex caribbean grocers

Legal Body:

Incorporated

Established In:

2008

Last Year of Completed Statements

2023

Gross Revenue:

$ 450,000

Annual Earnings:

$ 150,000

Land/Building Included:

No

Rent/Lease Amount:

$ 2,550

% 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.

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