Details

A community staple and the place where many run into one another, this is your local grocery store and it's one of the most important retail operations to keep a community going.

- affiliated with major banner
- currently operating 91 hours per week
- $120k renovation in 2020

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital payment shall be adjusted based upon $0 peg. By completing the NDA below, and becoming a qualified buyer in our system, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions to help you move forward with the actions necessary to begin living your better life.

Financial Information
Revenues have been trending up YOY for several years and there is much additional upside that can be created with a few simple additions.

2019 - $2.07M
2020 - $2.27M
2021 - $2.45M

Seller's Discretionary Earnings:

2020 - $159k
2021 - $128k (some higher expenses incurred as a result of expanded offering)

. * Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. It is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings. This is pre-tax, pre-mortgage, and pre-discretionary expenses.

** Our expectations are for a minimum 35% down payment on the final negotiated purchase price, with the balance being financed over 6 - 7 years. Feel free to run some of your own calculations

Minimum Equity Required
$250,000

Real Estate
Excellent high traffic, high visibility, leased location of approximately 5,000 sft. There are 3 years left on current term with an option to renew for 5 years. Additional renewal terms available.

Price
$419,000 NOT including inventory

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.