Retail Deli - 2 Locations, High Sales Volume
Location Alberta,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $3287872
Net Profit / Cash Flow $333779
Cash Flow Type EBITDA
Seller Finance No
Year Established 2007
Number of Employees 10 - 19
Inventory $900,000 plus inventory of approximately $120,000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owner will provide 2 months
Reason for Sale Owner has another business which is expanding as well
Description This business was established in 2007 with the expanded to the second location in 2009. The business provides a high end quality product in meat, deli and special line of groceries. The sale each year have increased with them reaching $3,872,872.00 in 2013. The cash flow on these sales was $333,779.00 and it is expected the sales for 2014 will reach $4M.
The business has even more room to expand the sales with a owner concentrating on the development. The current owner has one other business that is taking up more and more of his time.
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