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Retail

Retail Business / Supermarket

New Brunswick, CAN
Updated 13 hours ago
Established 1953

This family business, dating back to the 1950s, has been managed by current owners since the mid-2010s. This store is located in northeast New Brunswick. It is a large convenience store open every day of the year, Monday through Sunday.  It is the largest within a 10-mile radius. This retail establishment offers a very wide range of products for sale. Indeed, it offers many services, namely grocery, bakery, pastry, dairy products and finally fresh fruits and vegetables. In addition, a butcher/deli area has been fitted out with a small central island and a work surface with a water point. A cold room is attached. This market has all the necessary industrial equipment to offer a satisfactory butchery service. In order to guarantee a regular service, this independent company has concluded a contract with a renowned central buying office. The company is also an agency store for the New Brunswick Liquor Commission. They have a large department with a wide variety of liquor (beer, wine, spirits). It is the main supplier in the area. This business also sells cigarettes and lottery games. This market has also set up a fast food corner, offering the possibility to eat-in or take away. In addition, to manage the flow of goods, this store has a drop-off dock and a storage space of nearly 400 square feet. The key to the success of this business is the welcome and the service offered to its customers. Thanks to this, it benefits from a large loyal clientele in addition to a transient clientele. This store has a parking lot that can accommodate nearly 20 cars. Many development opportunities could benefit the future buyer in expanding this trade. The latter would have the opportunity to digitize the company by creating a website and to develop online sale as well as delivery not exploited until today. Contact us for more information.

Land Area

1.22 acres

Building Area

6,565 ft2

Monthly Payroll

$7,163

Full-time Employees

7

Part-time Employees

4

Year Of Acquisition

2014

Assets Included In The Sale

land, building, inventory, supplies, furniture, equipment, and goodwill

Reason for Selling

Retirement

Financials

Asking Price
$1
RevenueMost Recent Year
$1.8M
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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