Established specialty retail and wholesale grocery business serving Halifax and surrounding communities.
Offers an extensive selection of authentic Asian foods and ingredients representing a variety of cuisines.
Strong assortment of unique and hard-to-find products not readily available through conventional grocery retailers.
Serves a diverse customer base, including retail consumers, restaurants, food-service operators, and other commercial accounts.
Established customer base supported by a long-standing presence in the local market.
Strategically located on major arterial, providing convenient access to customers throughout the broader Halifax Regional Municipality.
Further growth opportunities exist through expanded wholesale distribution, targeted marketing, and e-commerce.
Attractive opportunity for an owner-operator or strategic buyer seeking an established specialty food business with multiple avenues for future growth.
- Asking Price:
- $325,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $759,337 (CAD)
- Cash Flow:
- $70,704 (CAD)
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates from a well-located leased retail and wholesale facility in the Halifax Regional Municipality. The premises are well suited to the operation, providing dedicated space for retail sales, product display, inventory storage, and wholesale activities. The location offers convenient access for both retail customers and commercial accounts, supporting the business’s retail and wholesale operations.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business offers several opportunities for growth through expansion of its wholesale customer base and distribution network.
Increased digital marketing, e-commerce and local delivery could further strengthen retail sales.
Additional product lines, private-label offerings and improved merchandising could increase customer spending and margins.
The business also provides a strong platform for a new owner to build on its established customer base and market presence.
- Competition / Market:
-
The business operates within a competitive specialty grocery and food-service market.
Its primary advantage is its broad selection of authentic Asian products serving both retail and wholesale customers.
Competition includes independent ethnic grocers, specialty food retailers, supermarkets and wholesale food distributors.
Its established customer base, product variety and sourcing relationships provide a strong position within the local market.
- Reasons for selling:
-
The seller wishes to retire.
- Trading hours:
-
Monday-Sunday 9am-6pm
- Employees:
- 2 FT/1 PT
- Years established:
- 24
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $143,196 (CAD) - included in the asking price
