Full Service Grocery Store

Category: Grocery Store
City: Vancouver Island
State: BC
Full Price: $350,000 + Inventory
Down Payment: $250,000
Annual Gross Sales: $3,700,000
Adjusted Annual Profit: call for details
Status: Sold

Additional Features:


Outstanding opportunity for an ambitious, hard-working grocery person to breathe new life into a long standing community grocery store on Vancouver Island. The store has a long history in the community and has solid record achieving more than five million in annual revenues. 2014 sales were down but the owners are confident they are on growth trajectory again.

The business has been in operation for more than 50 years and employs approximately 20 people. This business is offered for $350,000 as an asset sale. The asking price Includes furniture, fixture and equipment, and leasehold improvements. Inventory is not included and is valued at approximately $350,000. The owners are willing to consider vendor financing to a suitable candidate.
If you have experience in the retail or grocery business and relish the opportunity to own a fantastic business at a very reasonable price. Please contact Keith MacKenzie with Chinook Business Brokers Ltd. to find out more.

Do you want more information about this opportunity?

The Seller knows that to sell the business he will have to share information with the Prospective Buyer that otherwise he would prefer kept away from both the public and the other stakeholders such as employees, suppliers or customers. Because of this, we insist that any confidential information is only shared with prospective purchasers who are genuinely interested in procuring a business. To maintain the level of confidentiality necessary to complete a transaction of this nature we require that prospective buyers complete a non-disclosure agreement. By clicking agree below, you, the prospective purchaser, agree not to share anything you learn about the business with anybody other than your lawyer, accountant or other professional advisors; and you also warrant that these people will also be bound by this agreement.

You also agree that you will not approach the business owner, staff or management without the express consent of the Broker. You understand that you, the Prospective Buyer, will be held accountable for any damages to the Seller arising from the disclosure of information to any other party contrary to the agreement.

If you prefer not to complete the webform below, we understand, and ask that you download, complete, sign and forward the completed PDF document to info@chinookbusinessbrokers.ca or fax to 888-812-4109 attention Keith MacKenzie.

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