How do I learn a convenience store’s ordering routine before I take over?
Shadow the person who orders for several full cycles, and ask for a written routine: which suppliers, which days, what quantities and how deliveries are checked. Then ask the seller to hand over the order history so you can see how the pattern changes with the season and the week.
Most convenience stores order from several suppliers on different days, with different cut-off times. Ask the seller to walk you through each one: who calls, who delivers, how orders are placed and what is returned. Sit in on an ordering session, and then try one yourself with the seller beside you. Doing it once teaches more than reading about it.
Find out how the owner knows how much to order. Some use a point-of-sale report, others rely on memory and a feel for the neighbourhood. Ask for past orders and sales reports so you can see what moves, what sits and when demand spikes, such as before a long weekend or a local event. Items that are bought in bulk or on promotion need special care.
Meet the main delivery drivers and sales contacts before closing if the seller allows. They can tell you what the store does well and where it gets caught out, and a friendly introduction helps when you ask for the same terms. Write the routine down in your own words, and keep the seller’s phone number handy for the first few weeks after you take over.
Key takeaways
- Shadow several ordering cycles and try placing an order yourself with the seller present.
- Ask for past orders and sales reports to see what moves and when.
- Meet delivery contacts early and keep the seller reachable after closing.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuideHow do I buy a convenience or grocery store that sells alcohol in Ontario?
- GuideBuying a pet supply store in Canada
- Expert answerDo the wholesaler accounts carry over when I buy a convenience store?
- Expert answerWhat running costs should I check before buying a convenience store?
- GuideBuying a convenience store in Canada
- Expert answerWhat happens to the Canada Post outlet when I buy a convenience store?
- Expert answerFranchised or independent convenience store: what changes for a buyer?
- Expert answerHow many hours will I work after buying a convenience store?
- Expert answerHow do I keep a convenience store’s regular customers after I take over?
- Expert answerWhat should I look at in a grocery store’s receiving area and delivery schedule?
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentUnderstanding post-merger operational integration
- 03Business Development Bank of CanadaGovernmentWhat are financial statements?
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