For Sale
Shaunavon Foods
Shaunavon, Saskatchewan

$249,000

2014 NOTE: The store is now closed.
Sale includes property, building and all equipment.  Please contact seller directly for more information.

Photographs

Contact & Map

2010 VALUE STATEMENT FOR SHAUNAVON FOODS
Gross Sales:
Opened May 24, 2009
Expect to be in the range of $1.2 million dollars by year end

$1,200,000

2˝ lots and building valued at $350,000
Replacement value of building estimated at over $1,000,000

$350,000

Inventory - wholesale value at cost (NOT INCLUDED)
Counted and paid on possession date.  Approximately $100,000

$100,000

Fair market value of equipment including mechanical and hoist equipment not currently being used. (new replacement cost $300,000)

$100,000

Annual cash flow Expected to reach $1.2 million in 2011-valued at $300,000
Based upon three times yearly normalized net of $100,000
(Support data released to qualified buyers with a Confidentiality Non Disclosure)

 $300,000

Seller's estimated value of this business opportunity:
(plus inventory at cost)

$750,000

Normalized net is calculated AFTER $110,000 paid to the two managing owners.  The work is hard therefore the wages are high.
ASKING PRICE IS: (plus inventory at cost)
Seller is willing to discount inventory to facilitate a quick sale.

$327,000

Note to reader:
Pin provides a Value Statement. These are numbers given to us by the client. We arrange these numbers into a form and proprietary formula specially designed to illustrate value in a format that is easy to read and understand. Pin does not know if the numbers are correct or what ratio should be used to determine the value or defence of value. That has to be determined by your accountant, other trusted sources, or proven facts

2014 - STORE IS CLOSED -  LAND, BUILDING AND ALL EQUIPMENT ARE FOR SALE FOR $249,000.

BUILDING:

  • owned
  • on 3 lots
  • 5,500 ft˛
  • cinderblock construction
  • asphalt flat roof
  • concrete tiled floor
  • paved parking lot

MECHANICAL:

  • gas fired forced air furnace
  • 5 ton roof air conditioner

EQUIPMENT:

  • 4 double sided shelving units 36' long (five lanes)
  • freezers and coolers on outer walls
  • 24' reach in freezers
  • 36' produce cooler
  • 24' open top coffin type freezers
  • 24' meat display\cooler unit
  • 5' deli cooler\display unit
  • 12' dairy display\cooler case
  • 2 scanner\scale tills
  • 2 Global Payment credit card machines (new style)
  • new (2010) surveillance system/camera installed
  • mini bakery in back, includes oven, bread pans, racks
  • butcher shop, with saw, grinder, tenderizer, patty machine
  • deli slicer, deli cooler\display case
  • knives, scales, hot wrappers, tenderizer, printer scales etc.
  • raised office (8' x 10') with new back computer, includes file cabinets, desks, fax machines, printer, photo copier, and various other equipment
  • Toronto Safe Works safe
  • various trolleys, hand trucks

FEATURES:

  • known in the area for having the stock
  • ideal location to downtown
  • wheelchair accessible
  • oil industry boom in progress
  • huge number of oil well to be drilled in the next 10 years
  • large pipeline project to start in 2011
    • Shaunavon is to be centre for pipeline camp
  • commercial buildings to be erected in 2011
  • great opportunity for a family based business

LAND AND TAXES:

  • Land - 3 lots
  • Taxes - $2718.57 per year

DISCLAIMER:  We are not real estate agents.  Listings on www.pin.ca are private offerings and the sale of any investment unit listed on this website has not been qualified, endorsed or recommended by any Federal, Provincial or Securities agency or commission. Do your own due diligence with the help of licensed, professional lawyers, accountants and investment counsellors. Do not rely upon this, or related websites, for investment advice. We try to provide quality information, but we make no claims, promises or guarantees about the accuracy, completeness, or adequacy.

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This Page Last Revised
 January 11, 2014

E-mail Eric Jordan
ŠPinServices Ltd. 2010
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