Independent Profitable Fine Foods Business for Sale

Business Description

Independent, consistently profitable, fine foods business in a thriving community in Ottawa for sale. Operating for over 20 years in a convenient location adjacent to other complementing businesses. The leased property is in fantastic condition, providing an upscale and comfortable shopping setting with great access and ample parking. Excellent lease terms. The business offers diverse selection of the top brands, high end products appealing to all market segments and addressing community needs. Low working capital requirements due to impressive inventory turnover rate. Strong customer loyalty. Enthusiastic online reviews attract new clients. Various opportunities to grow the business still exist. All furniture, fixtures and equipment are in good working condition. This is a turnkey business and all working capital, inventory and equipment are included in price. Retiring seller will provide training and transition support as well as some seller financing to the right buyer. This can be a great opportunity for either a family that wants to work in the business and enjoy healthy lifestyle in this affluent community, or a great opportunity for an investor looking for consistent cash flows and a lucrative investment opportunity.


Business ID: OTTA0150
Business Category: Food and Beverage Stores
Location: Ontario, Eastern Ontario, Ottawa
Financing: Available
Status: New

Company Information

Year Established: 2002
Franchise: No
Number of Employees: 2

Financial Information

Asking Price: $ 245,000
Gross Revenue: $ 616,734
SDE: $ 150,386
FF&E (included): $ 51,500
Inventory: $ 20,000
EBITDA: On request
Down payment: $ 200,000
Occupancy Cost: On request

Business Presented By
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