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Established Food Market In Penticton For Sale

Penticton, British Columbia, Canada
Asking Price:
$325,000 (CAD) Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
On request

Seize the Opportunity to own Highly Profitable, low-waste market in a Prime location! The Local Motive Low-Waste Market offers 3,326 sq. ft. of retail space and an additional 1,380 sq. ft. of shared indoor public dining area. The fully stocked storefront includes a display cooler and walk-in cooler, a fully vented food-safe kitchen, a POS sales system, complete store shelving, office space, dry goods storage, a micro-greens growing room, and a staff bathroom with a shower. The kitchen service presents ample opportunities for expansion, making this business ready for growth. As a Farmer Direct store, Local Motive Low-Waste Market is dedicated to providing high-quality local and organic groceries with minimal to Zero Waste Packaging. Our Network features Unique Fresh Produce, Bulk foods, and hygiene products. This is an business sale and does not include the building.Explore your new business with our immersive 3D tour. Contact listing realtor for an NDA and detailed information package.

Property Information

Real Estate:

Lease

Lease Terms:

triple net until 2032 with option to renew

Leasehold Rent:

$45,946 (CAD) per annum

Location:

Prime mall location on Main St. Penticton in the Apple Plaza

Premises Details:

Apple Plaza In Penticton BC

Business Operation

Expansion Potential:

The Food safe kitchen has great room for b usiness expansion with the common dining area resource hardly bbeing tapped

Reasons for selling:

Owner Selling to focus on another component of his businesses

Trading hours:

Tuesday to Friday 10am-6pm
Saturday 9am-6pm
closed Sunday & Monday

Employees:
2
Years established:
2020

Other Information

Support & training:

Owner willing to train

Furniture / Fixtures value:
$115,950 (CAD)
Inventory / Stock value:
$59,100 (CAD) - included in the asking price
Website:
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