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Woodstock County, New Brunswick
Established Convenience Store & Grocery Retail
Asking Price
CA$899,000
Revenue
Call/Email
Down
CA$799,000
Cash Flow
Call/Email
Name: Nina Paul
Name
Nina Paul
Description
Operating for approximately 20 years under current ownership, this independent retail business serves an established local customer base and offers a broad selection of convenience products, groceries, household essentials, seasonal items and specialty merchandise.
The business operates from an approximately 3,000 sq. ft. retail facility with established furniture, fixtures, equipment and operating infrastructure. The store maintains a substantial inventory to support its broad merchandise selection, with inventory typically ranging from approximately $75,000 to $100,000 depending on seasonal purchasing requirements.
Business Highlights
Approximately $1.18 million in most recently reported revenue
Approximately 20 years under current ownership
Established New Brunswick convenience and grocery retail business
Loyal and repeat local customer base
Broad mix of convenience, grocery, household and specialty merchandise
Approximately 3,000 sq. ft. retail facility
Furniture, fixtures and equipment available with the business
Approximately $75,000–$100,000 in seasonal operating inventory
Experienced workforce with long-tenured employees
Seller willing to assist with an orderly transition
Additional property associated with the premises may provide future opportunities, subject to applicable approvals
Potential for expanded products, services, marketing and other revenue-generating initiatives
Retirement-driven sale
Financial Overview
The most recently supplied operating information reports approximately $1.177 million in revenue and $219,500 in gross profit, representing a gross margin of approximately 18.7%.
Detailed historical financial statements, normalized earnings information and supporting documentation are available to qualified prospective purchasers following execution of a Confidentiality/Non-Disclosure Agreement.
Growth Opportunities
A new owner may have opportunities to build upon the business's established customer base through expanded merchandise, additional services, increased local and digital marketing, operational modernization and new revenue-generating initiatives.
The opportunity may be particularly suitable for an owner-operator, family business buyer, entrepreneur or experienced retailer seeking to acquire an established operation rather than starting a new retail business from the ground up.
Reason for Sale
The business is being offered for sale as the sellers prepare for retirement and travel after many years of ownership.
Confidential Business Sale
This is a confidential business-for-sale opportunity.
The business name, exact location, photographs, detailed financial statements, property information and other identifying information will be released only to qualified prospective purchasers following execution of a Confidentiality/Non-Disclosure Agreement (NDA).
Please do not contact employees, customers, suppliers or neighbouring businesses, and do not attempt to identify or visit the business without authorization.
Serious inquiries are invited through Transworld Business Advisors Seacoast.
Several opportunities exist for a new owner to build on the established business, including expanding product and service offerings, increasing local marketing and promotions, and introducing new revenue-generating initiatives. The business also benefits from additional property that may offer opportunities for expanded parking, storage or future development, subject to applicable approvals.
https://www.tworld.ca/locations/New-Brunswick/seacoast/listings/Long-Established-NB-Neighbourhood-Convenience-Store
Business Details
Year Established:
2005
FE&E:
CA$25,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
60411M-938137
Sales:
CA$1,177,056
Inventory:
CA$70,000
Posting Information
Posting ID:
ID tw:92316 / Listing Number 60411M-938137
Business Category:
Convenience Stores, Retail Miscellaneous, Food Business Retail
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Established Convenience Store & Grocery Retail
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*92316
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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