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Local Grocer

Price$150,000
Revenue$745,000
LocationLethbridge
Business TypeOwner/Operator
Year Established4
Reason For SellingRelocation
Employees5
Type Of SaleShare
SDE$73,000
FF&E$75,000
Goodwill$75,000
Seller FinancingNo
Sold

LOCAL – FRESH – ORGANIC

Exclusive!

This Company is perfect for an ambitious and passionate new owner ready to tell the story of food. This small independent grocer is dedicated to fresh, local and organic food.

Facilities: 1,836 square feet with beautiful lease hold improvements. Turn Key. Located in a trendy neighborhood.

Growth and Expansion: Yes! Massive growth potential exists in product offerings. Build a small commercial kitchen to meet the needs of hungry customers. Offer delivery service. All based on a new owner’s vision.

Support and Training: Yes, the Seller will support a smooth transition.

Years: 2014

Employee: 5 PT

Reason for Selling: Re-locating

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Sale Information

$150,000 plus inventory

Share Sale

Furniture, Fixtures and Equipment: $75,000

Good Will: $75,000

Total Asking Price: $150,000 plus invenory

Inventory is adjusted at close

Inventory value estimate: $45,000

 

Financial Information

Annual Sales: $745,000  

Gross Profit: 30.1%

Adjusted EBITDA: $73,000

Sellers Discretionary Earnings: $73,000

Profit: 7.49%

______________________________________________________________________________________________

Discretion for all inquiries. Please contact Clara Piedalue of Larkspur Business Brokers for more details and viewing arrangements.

*Image is for marketing purposes ONLY. It is not a depiction of the actual business.

 

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