Rathwell Grocery Store

Business Opportunity for Sale
Catylist Listing ID: 30211544
Property Subtypes: Retail Stores
Building Size (RSF): 4,560 SF
Sale Price: $249,000
Name of Establishment: Rathwell Solo
Year Business Established: 1950
Gross Revenue: $390,000 (Annual)
Cash Flow: $50,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Living Accomodations: Yes
Sale Terms: Price does not include inventory estimated at $70,000.
Last Updated: 4/10/2018

Overview / Comments

This Grocery store sells everything from food to alcohol and is a Canada Post outlet, which provides the owner with a salary and a pension and health benefits. Great opportunity for someone looking to live in small-town Manitoba. Building includes a residence for the owner.

Additional Details

Market: Winnipeg
Industry Segment: Other Retail Stores
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $249,000
Employee/Labor Description: One part time employee plus owner full time
Mgmt/Training Support Description: Owner will train purchaser


Contact

Photograph of Listing Agent

Steven Beal

Beal Business Brokers and Advisors
CPIX® Member
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