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Listed by:

Sunbelt Business Brokers - Halifax

Thriving Neighborhood Grocery Store For Sale

HRM, Nova Scotia, Canada
Asking Price:
$285,000 (CAD)
Sales Revenue:
$1,200,000 (CAD)
Cash Flow:
$100,000 (CAD)

This thriving grocery store, has been consistently profitable with sales ranging between 1.2 to $1.5 million. Excellent Lease rate of $3100 plus HST. Great opportunity for an owner operator as the current owner does not have time to spend in the business and it is a more or less silent owner operator. Business is located in one of the fastest growing areas in Hrm

Property Information

Real Estate:

Lease

Leasehold Rent:

$3100 per month per annum

Location:

Lots of parking

Size in square feet:
1,800

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Operation is set up to serve food as well, but they currently do not as the owner is silent

Reasons for selling:

Owner forced to sell as too busy with other businesses.

Trading hours:

7am-9pm or 9 am - 8pm

Other Information

Furniture / Fixtures value:
$50,000 (CAD)
Inventory / Stock value:
$70,000 (CAD)