A well-established and highly profitable grocery store located in a thriving northern Alberta town is now available for acquisition. This business has been serving a population of approximately 5,500 people for several decades and has built a loyal customer base. It offers a wide range of products, including fresh produce, meats, dairy, baked goods, and general grocery items.
-Strong Financial Performance: Average sales of $72,000 per week last fiscal year with a gross profit of 28% in FY2022.
-Prime Location: Situated in a high-traffic area with excellent visibility and easy access, ensuring a steady flow of customers.
-Limited Competition: There is only one smaller competitor within a 75 KM radius, enhancing market dominance.
-Loyal Customer Base: A reputation for quality products and excellent customer service has resulted in a strong, loyal customer base.
-Well-Established: The business has been a cornerstone of the community for several decades.
-Growth Opportunities: Potential for expansion into new product lines, services, or digital sales channels to further increase revenue.
-Turnkey Operation: The business is fully operational with experienced staff and all necessary equipment in place. Absentee owner.
-Supportive Community: Located in a supportive and close-knit community, contributing to a stable business environment.
-Vendor Relationships: Strong relationships with a variety of suppliers ensure a diverse and consistent product offering.
-Recent Upgrades: Major, money-saving upgrades to coolers, freezers, and lighting were completed in 2021, enhancing operational efficiency.
-New software management system that allows remote management with real-time reporting.
Interested parties are invited to inquire further for additional information. Please contact us to sign a non-disclosure agreement (NDA) and receive the detailed information memorandum.
