Excellent opportunity to own an established grocery store just over an hour drive from Calgary. This well-established business is the only grocery store in town. The store serves a loyal local customer base while also benefiting from seasonal visitors and tourists travelling to nearby Lake McGregor, a popular destination for camping and outdoor recreation. The store offers a wide selection of everyday grocery essentials, fresh produce, meats, and other popular grocery items to meet the needs of the community and surrounding areas. With an established customer base, strong market position, and potential for further growth, this is an excellent opportunity for an owner-operator or an investor looking to acquire a well-established business.
Essential information
MLS® number
A2356231
Status
Active
Price
$699,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
3,480 sq ft
Year built
1973
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
COMMERCIAL C
Commercial
Business type
Grocery
Community
City
Milo
Province
AB
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
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7 photos$899,000Stettler