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Lucrative Small Grocery On Long Point Bay In Port Rowan For Sale

Port Rowan, Ontario, Canada
Asking Price:
$850,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
On request

Grocery store located in a beautiful resort town approximately 7500 sq ft in size. Fresh meat, produce, bakery and of course grocery. Running as a Clover Farm, but options available as the store owner has head lease. Rent extremely reasonable. No beer store in town, making beer sales a viable option. Town is growing in size with, closet competitors are 35km away.

Property Information

Real Estate:

Lease

Lease Terms:

4 years remaining on head lease

Leasehold Rent:

$100,000 (CAD) per annum

Living Accommodation:

N/a

Location:

Corner of Main Street, easy parking

Premises Details:

7500 sq ft store, wheelchair accessible. Building is a little older but overall good shape

Size in square feet:
7500sq

Business Operation

Expansion Potential:

N/a

Competition / Market:

Main grocery stores are over 35 km away

Reasons for selling:

Retirement

Trading hours:

7am to 5:30pm Monday to Saturday
8am to 4:30 pm Sunday

Employees:
20
Years established:
1999

Other Information

Support & training:

Will train ordering system, front end and cash system

Financing available:

N/a

Furniture / Fixtures value:
$200,000 (CAD) - included in the asking price
Inventory / Stock value:
$210,000 (CAD) - included in the asking price