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Businesses For Sale   >>   Grocery and Supermarkets Businesses For Sale

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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