Quality Foods Supermarket
Location Alberta,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $3263759
Net Profit / Cash Flow $332798
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1999
Number of Employees 10 - 19
Inventory 165000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Will be provided
Reason for Sale Retirement
Description This is a privately owned supermarket offering fresh food and other quality products, with a wide selection of national and private high quality label products. This is a great store that is focusing to provide fun shopping experience to the community it serves. In November 1999 the current Owners acquired this business and it has been under current management till present.
Operational Strengths: This business is the largest food supermarket in
the region with only one competitor within 100 miles radius. Even though the
store is not under a competitive pressure, it strives to provide shoppers with
competitive prices, and often at a lower price than national brands, but not at
the expense of exemplary levels of service which is ensuring client satisfaction. The store personnel are dedicated to their career and willing to stay. The management team has many years of industry experience and contacts and sellers are willing to remain with the company through the transition to ensure a successful sale.
The Transaction: Owners are planning to retire and interested in exploring options with the right partner. However, the owners are willing to stay on to help the new owner to take this business to next level. Asking price is $900K with 30% financing. Call Stefan at 604-782-9835.
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