Listing Number: 3301-565454
Description
Upscale delicatessen and retail grocery and food establishment offering freshly made hot sandwiches imported goods, frozen meals, gelato, pastries, cakes, baked goods and authentic coffee. This food retail offers quick serve freshly made food, and is easy to operate with minimal labour.
Situated in the sought-after and ever-growing community of upper Stoney Creek and Hamilton Mountain, serving both the commercial and residential clientele of diverse ethnicities. The easy highway access also connects this established business to surrounding cities.
Hours of operation are Monday to Saturday 9am to 7pm allowing for the perfect work-family balance for the owner/operator OR the opportunity for additional income for investors looking to maximize and capitalize a 7 day operation including tapping into the dinner and delivery industry.
The corporation has a solid credit standing and includes a 10 year lease with below average rates and is nestled among a vast variety of businesses with daily traffic count of 60,000 vehicles. Full training provided, no experience required!
The Confidential Information Memorandum (CIM) will be accessible exclusively to qualified buyers who have completed both a Non-Disclosure Agreement (NDA) and a Buyer Profile (BP).
Listing Details
- Price: $ 490,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 244,672
- Total Sales: $ 560,000
- Location: Regional Municipality of Hamilton–Wentworth, Ontario
- Inventory: $ 20,000
- FF&E: $ 0
- Employees:
- Reason for Selling: Owner Relocating
- Category: Food Business Retail,Restaurants
