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Reduced To $299k Local Harvest Produce Grocery Store For Sale

Okanagan, British Columbia, Canada
Asking Price:
$299,000 (CAD)
Sales Revenue:
$1,200,000 (CAD)
Cash Flow:
$167,000 (CAD)

This family-owned grocery store has been serving only the best produce, fruit, and proceries for 30 years. Products are delivered fresh from local farmers and hand inspected prior to retailing. This store carries high-end produce, fruits, organics, specialty groceries, confections, and much more. It is conveniently located in a densely populated area of single and multi-family and is on a major arterial route with heavy daily traffic counts. There is easy access and ample parking shared with neighbouring anchor tenants, such as Starbucks and Chevron. Within walking distance to the local schools, retail and business districts, and neighbourhoods, this store’s location is very convenient for all types. There is an enormous following of local repeat and loyal customers. Over the last five years, the top-line revenues have grown steadily with minimal impact from the pandemic. The owners are interested in other ventures and wish to hand the store off to an owner-operator that will continue to provide local residents with the freshest and highest quality products from local hard-working farmers. Training and transition time will be provided. Call or email for additional details. All interested parties must complete a non-disclosure agreement (NDA).

Property Information

Real Estate:

Lease

Other Information

Support & training:

Provided and negotiable