Executive Summary

A growing number of consumers have become increasingly pressed for time as more Canadians returned to work and school in the years following the recession. Consequently, the quick speed of transactions at convenience stores has proved to be valuable to busy individuals.

Despite growing costs, operators have maintained relatively healthy profit margins over the past five years thanks to consolidation and the sale of higher-margin goods. As the economy recovers and disposable income levels rise, consumers are expected to turn to the convenience of industry establishments.

Capitalizing on this trend, Mr. XXXXX intends to open a convenience store in Winnipeg, Manitoba. XXXXX will be incorporated as a Limited Liability Company with Mr. XXXXX as the 100% owner and manager of the store. The store will provide the usual convenience store products and services. In addition to this, the store will provide ethnic products to cater to the widening taste palettes of the local and immigrant community. The store will provide home delivery and other services like online ordering, order and pick-up etc. The store will have a wide range of facilities especially for the retired and disabled community. The Store will look to source both products and staff locally to give a boost to the local economy.

Mr. XXXXX will bring in CAD 250,000 to fund the initial costs of incorporating the entity and setting-up the store. The projected financial highlights of the store are as reflected below:

XXXXX–AConvenienceStoreinWinnipeg

Mr. XXXXX intends to set-up a convenience store in Winnipeg, Manitoba.

He will bring in investment of CAD 250,000 to set-up the business. The initial investment will be spent on costs like building the website, leasing premises for the store, refurbishing the premises, purchase of fixed assets, equipment etc., spending on initial marketing and promotions and other costs like legal and professional charges to incorporate the entity etc.

The business will be registered in Winnipeg as a Limited Liability Company.

The store will sell a wide range of items like groceries, packaged foods, baked goods, frozen foods, fresh produce, toiletries, magazines etc.

The store will provide services like home deliver, online order, phone order, scheduled deliveries etc.

The store will have facilities like access to and convenient shopping atmosphere for disabled people, convenient parking, in-store technology etc.

The store will target residents in the region like singles, couples, families, homemakers, working people, tourists, retired people, disabled people, students etc.

The store will seek to source products as well as people (staff) locally to provide business and employment opportunities in the region.