PEPPER, PLANTS, PUCKS AND PORTABLE GENERATORS RETAILER

This second-generation business has been in operation for over 50 years and has become the leading retailer in its area. Over the years it has grown to include departments for the sale of hardware, sporting goods and groceries as well as a seasonal garden centre and three apartments. It maintains the necessary licenses for food services, tobacco, lottery tickets, videos and propane.

The company has established an enviable reputation for quality products and superior service and has 14 well-trained employees who will remain after the sale. Operating from extensive company-owned premises, the business generates annual revenues of approximately $1.5 million and significant opportunities for growth have been identified.

The goodwill and fixed assets of the Company including real estate are valued at $1,600,000 based on financial statements dated December 31, 2008.   A buyer should anticipate an equity investment of approximately $530,000.  This transaction will be structured as a sale of shares.

If you would like more information, please
E-mail: sbaker@cbibusinessbrokers.com