Posted on 19 November 2021
Listing Type : Business for sale
Location : Sault Ste. Marie
Industry : Food
Price : 1299000

Highly successful and growing Island Market fresh local grocery business and primely located downtown retail investment building. With long term tenants in all units, this business and building present an excellent investment opportunity for the investor and/or owner/manager. The Island Market has a full butcher shop, new produce cooler and floor in 2021, delivery van, solid branding, and great reputation and repeat clientele in the local community. Gross sales have doubled since the current owners purchased the business in 2014. Experienced store manager and five staff are already trained and ready to continue. Two digitized Point of Sale check outs, wireless payment terminals, and ShopKeep inventory management system are fully implemented. Commercial tenants include LCBO and Moose Sweats Artisan Gallery. One bedroom residential unit above the store is currently tenanted. Conveniently located on St. Joseph Island in the idyllic village of Richards Landing surrounded by prime residential and vacation properties, this building has angle parking in front and is located between the doctors office, pharmacy, LCBO, stores, hospital, post office, municipal marina, and directly across from the credit union.