Listing Details
Business Type: Other Restaurant and Food Business
Year established: 2005
Employees: 4
Real estate: Owned
Financial Details
Inventory: $30,000
Gross revenue: $450,000
Furnitures, Fixtures, and Equipment: $200,000
About the Business
Competition:
• Established and loyal customer base with consistent repeat clientele • High-margin specialty imported products not typically available in major chain stores • Strong and reliable supplier relationships built over 20+ years of successful operation • Prime location offering excellent visibility and steady foot traffic • Turnkey operation with established systems, equipment, and inventory in place • Well-recognized local brand with a very good reputation within the community • Diverse product selection attracting a broad and multicultural customer base • Opportunity for growth through expanded product lines, catering services, or online sales
Growth and expansion potential:
• Expand online ordering and local delivery through platforms such as Uber Eats, DoorDash, and Instacart • Enhance marketing initiatives and strengthen social media presence to attract new customers • Extend operating hours and introduce targeted weekend promotions • Develop catering services and party tray options for local events and gatherings • Expand private-label and specialty imported products with higher profit margins • Establish wholesale supply opportunities with nearby restaurants, cafés, and specialty markets • Implement a customer loyalty program to encourage repeat visits and strengthen customer retention
Support and training for new ownership:
The owner can provide 2–4 weeks of comprehensive training and transition support to ensure a seamless handover. Training will include daily operations, supplier relationships, business systems, and staff procedures.
Reason for selling:
The owner is selling the business to focus on retirement.
Description
The business is located in a densely populated area of Ottawa with strong residential and commercial traffic. While national chains and traditional grocery stores serve general grocery needs, there is limited direct competition specializing in authentic Eastern European and specialty imported foods. Over the years, the store has built a loyal and established customer base and continues to benefit from strong word-of-mouth referrals within the local community.
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Location & nearby
This listing is located in Ottawa, ON K2G 1E6
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