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Grocer In Red Deer For Sale

Red Deer, Alberta
Asking Price:
$330,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,500,000 (CAD)
Cash Flow:
$139,000 (CAD)

Located in Red Deer, Alberta this grocer is a long standing profitable business.
Exceptional location with over 50 years!
Store includes a bakery and meat counter.
Replacement value of all fixed assets is $607,000.

The equipment is all in good working order.
FMV: $330,000

The Seller is looking for a quick sale due to health.

Property information

Real Estate:

Lease

Lease Terms:

Transferable or a new lease will be drawn up with a new owner.

Leasehold Rent:

$89,600 (CAD) per annum

Location:

Red Deer Alberta.
Located on a main artery with very high traffic
Ample parking

Size in square feet:
4,109

Business Operation

Reasons for selling:

Health

Trading hours:

8 AM to 8 PM
7 days a week

Employees:
Yes
Years established:
Over 50

Other Information

Support & training:

Yes, as is reasonably required.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$330,000 (CAD) - included in the asking price
Inventory / Stock value:
$150,000 (CAD)

Contact Information

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