Happy Valley Market For Sale
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $979000
Net Profit / Cash Flow $105000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Will be provided
Reason for Sale Partnership issue
Description This convenience store has been serving it's growing community for many years. The current owners invested heavily in upgrading the premises a few years ago as confirmed by a recent valuation of assets at $516,000. This business is poised to grow into the neighborhoods local grocery store with it's current offering of deli services and a produce section. Lease rate is under market at $2,600/mo due to significant leasehold improvements being completed by the seller, and thus, not capitalized into the lease rate. This is an ideal family business that is poised for significant g growth. The seller may consider some financing for the right buyer and will provide training and transition support as required.
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