Established Community Boutique Grocery & Retail
Business Description
ESTABLISHED COMMUNITY BOUTIQUE GROCERY & RETAIL
This thriving independent grocery and retail business has served downtown Kitchener for nearly a decade, building a loyal customer base and strong community presence. Located in the heart of the city's vibrant downtown core, the business benefits from consistent foot traffic and an established reputation as a neighborhood staple.
BUSINESS OVERVIEW:
• Established: 2015 (10+ years of continuous operation)
• Annual Revenue: $427,580
• Asking Price: $120,000
• Inventory Value: $16,000
• Employees: 2
• Liquor Sales License (Province of Ontario)
LOCATION & FACILITIES:
• Prime downtown Kitchener location with excellent foot traffic
• 1150 square feet
• Accessible building with convenient parking
• Monthly lease: $3,500
• Surrounded by complementary businesses including cafés, salons, restaurants, and cultural venues
• Close proximity to Gaukel Block, Vogelsang Green, and City Hall
• Benefits from year-round community events and activities
BUSINESS STRENGTHS:
• Established loyal clientele and community brand recognition
• Strong vendor relationships developed over 10 years
• Unique merchandise assortment differentiating from larger competitors
• Versatile space suitable for grocery, floral, gifts, wine/beer, and boutique retail
• Strategic location near residential developments
• Consistent foot traffic from downtown activity
GROWTH OPPORTUNITIES:
The business is well-positioned for expansion with its adaptable retail space and established customer relationships. The location's versatility allows for various retail concepts, making it an excellent entry point for entrepreneurs in the food and retail market.
OWNER SUPPORT:
The current owner is willing to provide transition support to ensure business continuity and knowledge transfer.
REASON FOR SALE:
After a successful decade of operation, the owner is ready to pursue new opportunities.
This represents an exceptional opportunity to acquire a profitable, established business in one of Kitchener's most desirable retail locations.
This thriving independent grocery and retail business has served downtown Kitchener for nearly a decade, building a loyal customer base and strong community presence. Located in the heart of the city's vibrant downtown core, the business benefits from consistent foot traffic and an established reputation as a neighborhood staple.
BUSINESS OVERVIEW:
• Established: 2015 (10+ years of continuous operation)
• Annual Revenue: $427,580
• Asking Price: $120,000
• Inventory Value: $16,000
• Employees: 2
• Liquor Sales License (Province of Ontario)
LOCATION & FACILITIES:
• Prime downtown Kitchener location with excellent foot traffic
• 1150 square feet
• Accessible building with convenient parking
• Monthly lease: $3,500
• Surrounded by complementary businesses including cafés, salons, restaurants, and cultural venues
• Close proximity to Gaukel Block, Vogelsang Green, and City Hall
• Benefits from year-round community events and activities
BUSINESS STRENGTHS:
• Established loyal clientele and community brand recognition
• Strong vendor relationships developed over 10 years
• Unique merchandise assortment differentiating from larger competitors
• Versatile space suitable for grocery, floral, gifts, wine/beer, and boutique retail
• Strategic location near residential developments
• Consistent foot traffic from downtown activity
GROWTH OPPORTUNITIES:
The business is well-positioned for expansion with its adaptable retail space and established customer relationships. The location's versatility allows for various retail concepts, making it an excellent entry point for entrepreneurs in the food and retail market.
OWNER SUPPORT:
The current owner is willing to provide transition support to ensure business continuity and knowledge transfer.
REASON FOR SALE:
After a successful decade of operation, the owner is ready to pursue new opportunities.
This represents an exceptional opportunity to acquire a profitable, established business in one of Kitchener's most desirable retail locations.
About the Business
- Years in Operation
- 10
- Facilities & Assets
- Main floor - 550 square feet of retail space (grocery, floral, alcohol).
Upper level - 600 square feet of storage or event space, 2-piece bathroom, employee lounge and commercial kitchen.
Lower level - 600 square feet of storage plus building utilities.
Sale includes refrigerators, walk-in coolers, stainless steel tables, a 3-compartment sink, custom shelving, cashier area, all point-of-sale equipment and well-established documentation for a successfully run retail business. - Website
- https://legacygreens.com/
- Market Outlook / Competition
- Located in the heart of downtown Kitchener, the shop benefits from constant foot traffic and strong community presence.
Surrounded by cafés, salons, restaurants, and event spaces like Gaukel Block, Vogelsang Green, and City Hall, the area offers a vibrant mix of businesses, cultural activities, and year-round community events. - Opportunities for Growth
- For over 10 years, this independent retailer has been a downtown staple with a loyal customer base and strong vendor relationships. Well-suited for grocery, floral, gifts and wine/beer, the space also adapts easily for boutique retail—an excellent opportunity for an entrepreneur ready to enter the food and retail market.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,150
- Rent
- $3,500.00 per month
About the Sale
- Seller Motivation
- After ten years, the owner is ready for the next opportunity.
- Transition Support
- Owner willing to stay on for a smooth transition before their exit.
- Financing Options
- None
Listing Info
- ID
- 2408599
- Listing Views
- 9
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2408599 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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