Established Convenience Store & Grocery Retail

Name: Established Convenience Store & Grocery Retail
Brand: Transworld Business Advisors
Price: 899000 CAD
Availability: InStock

Listing Number: 60411M-938137

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Listing Details

Price: CA$899,000

Location: Woodstock, New Brunswick

Down Payment: CA$799,000
Sales: CA$1,177,056
Seller's Discretionary Earnings: CA$77,100
Inventory: CA$70,000
Furniture, Fixtures, and Equipment: CA$25,000
Employees: 4
Year Established: 2005
Reason for Selling: Retirement

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For More Information About This Listing

Nina Paul

506-210-0403 [email protected]

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Business Description

Opportunity to acquire a long-established convenience store, grocery and general merchandise retail business in New Brunswick with approximately $1.18 million in most recently reported annual revenue.

Operating for approximately 20 years under current ownership, this independent retail business serves an established local customer base and offers a broad selection of convenience products, groceries, household essentials, seasonal items and specialty merchandise.

The business operates from an approximately 3,000 sq. ft. retail facility with established furniture, fixtures, equipment and operating infrastructure. The store maintains a substantial inventory to support its broad merchandise selection, with inventory typically ranging from approximately $75,000 to $100,000 depending on seasonal purchasing requirements.

Business Highlights

Approximately $1.18 million in most recently reported revenue
Approximately 20 years under current ownership
Established New Brunswick convenience and grocery retail business
Loyal and repeat local customer base
Broad mix of convenience, grocery, household and specialty merchandise
Approximately 3,000 sq. ft. retail facility
Furniture, fixtures and equipment available with the business
Approximately $75,000–$100,000 in seasonal operating inventory
Experienced workforce with long-tenured employees
Seller willing to assist with an orderly transition
Additional property associated with the premises may provide future opportunities, subject to applicable approvals
Potential for expanded products, services, marketing and other revenue-generating initiatives
Retirement-driven sale

Financial Overview

The most recently supplied operating information reports approximately $1.177 million in revenue and $219,500 in gross profit, representing a gross margin of approximately 18.7%.

Detailed historical financial statements, normalized earnings information and supporting documentation are available to qualified prospective purchasers following execution of a Confidentiality/Non-Disclosure Agreement.

Growth Opportunities

A new owner may have opportunities to build upon the business's established customer base through expanded merchandise, additional services, increased local and digital marketing, operational modernization and new revenue-generating initiatives.

The opportunity may be particularly suitable for an owner-operator, family business buyer, entrepreneur or experienced retailer seeking to acquire an established operation rather than starting a new retail business from the ground up.

Reason for Sale

The business is being offered for sale as the sellers prepare for retirement and travel after many years of ownership.

Confidential Business Sale

This is a confidential business-for-sale opportunity.

The business name, exact location, photographs, detailed financial statements, property information and other identifying information will be released only to qualified prospective purchasers following execution of a Confidentiality/Non-Disclosure Agreement (NDA).

Please do not contact employees, customers, suppliers or neighbouring businesses, and do not attempt to identify or visit the business without authorization.

Serious inquiries are invited through Transworld Business Advisors Seacoast.