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Businesses For Sale > Business For Sale in Nova Scotia, CANADA (CAN)
Turnkey Community Food Market, Restaurant & Confectionary for sale in Nova Scotia, CAN
Nova Scotia, CANADA (CAN)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,200,000 |
$ 1,324,031 |
$ 129,196 |
Furniture and Fixtures Value:
$ 200,077 (included in the asking price)
Inventory Value:
$ 61,307 (included in the asking price)
Real Estate:
$ 850,000 (included in the asking price)
Business Summary:
Community hub and food market, restaurant, and confectionery (ice cream!) shop. Located along the world-famous Cabot Trail, Cape Breton, Nova Scotia. Everyday items: grocery, snacks, health care, giftware and a focus on locally sourced products can all be found. Eat in or take out restaurant is also located on the same level within the market. On the lower level is an ice cream parlor/candy shop that operates seasonally.
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| Year
Business was Established: 1986 |
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| Number of Employees:
3 FT/1 PT |
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| Facilities / Terms of Lease:
The market is well located right on the main artery serving the community, on land about 21,000 in sq ft and housed in a 5,000 sq ft (2,500 sq ft per floor) building, approximately 35 years in age. The building itself has seen many upgrades and leasehold improvements over time, the last one less than a year ago, so the facility is in excellent condition. |
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| Potential
Growth/Expansion:
There is a multi million residential development currently under construction around Cape Smokey, the local ski resort. The resort, which has international backing, is developing both summer recreational infrastructure along with improving the winter skiing facilities. The residential construction portion is a multi-year, multi phase, development currently underway. |
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| Competition:
The market is the hub of the community. Beyond that it would be the local service station. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owner wishes to retire. |
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Seller Reference Number: 9201-17755
BusinessMart.com Listing Number: 299019 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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