Price: $1

383 Elgin Street N 8, Cambridge, ON N1R 8C1

Turnkey Caribbean/West Indian Business! Here is your opportunity to acquire a well-established Caribbean supermarket located in a bustling retail plaza with excellent visibility and steady daily traffic. This turnkey operation has built a strong reputation and loyal following among local residents, nearby businesses, and repeat customers from surrounding communities. The store occupies approximately 1,830 sq. ft. of leased space with an all-inclusive rent of $3,275 per month (HST included), offering low overhead and a lean staffing model that supports consistent cash flow. The current product mix features Caribbean and West Indian groceries, fresh meats, fish, poultry, and specialty cultural goods, with room to expand into Indian offerings and other complementary categories. Growth potential includes alcohol licensing (subject to approval), bakery integration through an existing brand relationship, meat and fish processing, courier drop-off services, and U-Haul rentals. The premises also provide flexibility for future upgrades, including a commercial kitchen (pending zoning approval and buyer verification), and include a large storage room suitable for a walk-in cooler or oven, a washroom with shower, and ample plaza parking. The sale includes all fixtures, equipment, goodwill, supplier and vendor accounts, as well as intellectual property and digital assets such as social media profiles and delivery service accounts with Uber Eats and SkipTheDishes. The seller is prepared to assist with training and transition, and financials are available upon request. Buyers are responsible for verifying zoning, licensing, and operational requirements. Please do not visit the business directly; all showings are strictly by appointment. This is a rare chance to step into a thriving, in-demand supermarket with strong community roots and significant room for growth.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$1

Gross Income

N/A

Annual Taxes

$0

Tax year

2025

Business Type

Grocery/Supermarket

Years in Business

N/A

Location

Cambridge, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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