Supermarket For Sale In The North.

Not on MLS®

Unpriced

Sale of Business in Sault Ste. Marie, ON

Listing Details

Financial Details

About the Business

Competition:

very less competition in the north

Growth and expansion potential:

very very good chance to grow. only owner should be there.

Support and training for new ownership:

full support and training will be provided.

Reason for selling:

retiring

Description

I bought this store in north 2021. Since I had 3 stores in GTA and family living in Mississauga, I was not able to go in north. it was giving around $35000/month profit without going there, so I didn’t feel a need to go. But then employees trimmed the business accordingly to make them easy. This year we did 3500000 on papers. It is very easy to take back to $5000000. Only owner should be there. Asking $599000 for business and $1500000 for property. It’s 9000 sqft upstairs and same is basement with elevator. We were doing wholesale on bigger level so we have very big cools and freezers in basement too. We have decent size meat section, produce section, restaurant where Canadian and Indian food available. Liquor store and vape store could be added any time. Could add Indian groceries too. For me it’s too much to do. cell

Location & nearby

This listing is located in Sault Ste. Marie, ON P6A 1H7

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