MergerPlace

Specialty Retail Food Store

Charlottetown, Prince Edward Island


  • Asking Price: $175,000
  • Gross Income: $236,679
  • Cash Flow: $70,471
  • Real Estate: Not Disclosed
  • Inventory: $44,109
  • FF&E: $13,750
  • Listing ID: #219879
  • Established: 2011
  • Employees: 1 FT / 3 PT

Business Description

Unique retail food store located in a high traffic area of PEI, selling well established branded products to walk-ins, tourists, local restaurateurs and on-line clientele.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Prince Edward Island
Metropolitan Area: Charlottetown

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 3 PT

Financial Information

Asking Price: $175,000
Gross Revenue: $236,679
Cash Flow: $70,471
FF&E: $13,750
Inventory: $44,109
Seller Financing Available: No

Property Information

Facilities:

Street front rental location in a high traffic area of PEI.

Growth & expansion opportunities:

A buyer has the potential to broaden both the retail and commercial presence of the business through increased local interaction with customers. The seller is located in another province and has very little day to day influence on the operation other than the original establishment of the brand and processes.

Competition:

There is a lot of competition within the base product market, but the business itself provides presentations and formulations which are unique to the business and the brand.

Reason for selling:

Owner making preparations to retire.

Support & Training:

Will train for 4 weeks @ no cost Skill training to be provided by seller as well as buying group support.

Contact Business Seller

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Business Listed By:

Dan Murphy

Murphy Business Brokers