Multi Variety Food and Hardware Store For Sale

An excellent opportunity to acquire an established multi-variety food, convenience and household hardware store serving the local community from a high-traffic shopping plaza.

With approximately 3,067 sq. ft. of retail space and reported annual revenues of over $1.5 million, this business offers a diversified retail model with multiple product categories and complementary services. It provides a buyer with an established operation and the opportunity to build upon an existing customer base rather than starting from scratch.

Diverse Product & Service Offering

The business combines a traditional convenience-store operation with a broad selection of household, hardware and specialty products.

The current business provides:

• Grocery and convenience products
• Cigarettes and tobacco products
• Lotto 649
• Stationery and stamps
• Calling cards
• Key-cutting services
• Pet food and supplies
• Electronic and variety products
• Household hardware products
• U-Haul truck rental services

This broad product and service mix creates multiple reasons for customers to visit the store and allows the business to serve a wide range of everyday needs from one convenient location.

High-Traffic Shopping Plaza

The store is located in a high-traffic shopping plaza, providing excellent visibility and convenient access for customers from the surrounding neighbourhood and area.

The established retail setting provides a strong foundation for continuing the existing business while giving a new owner opportunities to improve merchandising, introduce additional products and develop new customer traffic.

Fully Equipped Retail Operation

The premises are equipped with important infrastructure for a modern convenience-store operation, including:

• Walk-in cooler
• Slurpee machine
• Coffee machines

The existing equipment and retail infrastructure provide a valuable head start for a buyer and help avoid the significant costs associated with establishing a comparable operation from an empty premises.

Strong Revenue Base

The business currently reports over $1.5 million in annual revenues, providing a substantial existing sales base for a prospective buyer to review during due diligence.

The diversified nature of the operation—with convenience products, grocery items, hardware, services and specialty offerings—provides several established revenue channels rather than relying on a single product category.

Long-Term Lease

The premises offer a long-term lease extending to May 31, 2033, providing significant remaining lease term for a buyer to operate and develop the business.

Current occupancy costs include:

• Rent: approximately $4,856 per month
• Common Area Costs: approximately $2,801 per month
• Lease Expiry: May 31, 2033

The extended lease term provides valuable stability for a buyer planning to operate and grow the business over the longer term, subject to the lease terms.

Opportunity for a New Owner

This business may appeal to an experienced convenience-store operator, entrepreneur, owner-operator, investor or first-time business buyer looking for an established retail operation with multiple revenue streams.

A new owner can continue the existing business model while exploring opportunities to expand product selection, improve merchandising, strengthen local marketing, increase higher-margin product sales and further develop the store's service offerings.

A Versatile Retail Business Opportunity

With its over $1.5 million in reported annual revenues, 3,067 sq. ft. premises, high-traffic shopping-plaza location, diversified product mix, multiple customer services, walk-in cooler, Slurpee and coffee equipment, and long-term lease through 2033, this business provides a solid platform for a new owner.

The asking price is $150,000 plus inventory, offering an opportunity to acquire an established multi-category retail business with significant existing sales activity.

Take the Next Step

If you have been searching for an established convenience and variety store with household hardware, multiple revenue streams and a long-term lease, this opportunity deserves a closer look.

Call James Han at 780-908-8889 for confidential details, financial information and to discuss making an offer.

Please do not approach or question the staff regarding the sale. All inquiries should be directed to James Han.