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European Delicatessen Ottawa For Sale

Ottawa, Ontario, Canada
Asking Price:
$575,000 (CAD)
Sales Revenue:
$1,400,000 (CAD)
Cash Flow:
$280,000 (CAD)

• Well established, European Delicatessen specializing in Eastern European food.
• Great reputations, large selections of imported food, from all over the world.
• 70% of the customers are ethnic from: Ukraine, Russia, Bulgaria, Moldova, Hungary, Romania, Poland, Finland, Sweden.
• Business operates with 4 employees, plus owners (couple) 1 full and 1 part time .
• Lots of potentials to grow the business by adding a website for on-line shopping, offer delivery or add prepared food, etc.
• Reason for sale: owners are retiring.
• Sales: $1.4 Mil with over $ 280,000 net to owners.

Property Information

Real Estate:

Lease

Lease Terms:

4 years + option

Leasehold Rent:

$42,000 (CAD) per annum

Location:

Busy Plaza location

Business Operation

Reasons for selling:

Retirements

Trading hours:

M-F: 10-8
S-S: 11-5

Employees:
4
Years established:
23 years

Other Information

Support & training:

Owner will provide training

Inventory / Stock value:
$75,000 (CAD)

Contact RE/MAX Aboutowne realty Corp

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