How do I show a buyer my grocery store’s online and delivery sales?
Pull the platform payout reports after commissions and refunds, keep online sales separate from in-store sales, and list which accounts, listings, reviews and customer lists can move to a buyer. Say plainly what each platform decides for itself, so the buyer knows what is yours to hand over.
If your grocery store takes orders through an app, a website or a delivery platform, a buyer will want to know what those sales really contribute and whether they stay after you leave. Neither question is answered by a headline sales figure. Build a short package that separates the channels, shows what you actually receive, and is honest about what you cannot promise.
Show what you receive, not what customers paid
Platforms usually deduct commissions, fees and refunds before paying you. Gather the payout reports for the whole period and show sales both gross and net. A buyer’s accountant will go straight to the net figure, so be ready to reconcile it to your bank deposits and to your financial statements.
Keep in-store and online apart
Report the two channels separately, by month, with their own costs such as packaging, picking time and delivery. That lets a buyer see whether online orders add to the store or just move sales from the till. If your system mixes them, ask your accountant to help you split them cleanly before you list.
Say what can and cannot move
Make a list of each account, listing, review page and customer list, and who holds it. Some can be handed to a buyer, and some depend on the platform’s own approval. Ask your lawyer about customer lists and how personal information may be passed on. Our page on what happens to gift cards covers a similar handover question.
- Payout reports for the full period, net of fees and refunds.
- Online and in-store sales shown separately by month.
- A list of accounts and who must approve a change of owner.
- Notes on how orders are picked, packed and delivered.
Related reading
15 pages on the same subject, grouped by topic.
Due diligence
Buying
- GuideBuying a grocery store in Canada
- Expert answerShould I buy an existing grocery store or open a new one?
- Expert answerHow does buying a sushi counter inside a grocery store work?
- Expert answerHow can I tell if a water store is profitable before I buy it?
- Expert answerHow can I check whether a health food store is profitable before buying?
- Expert answerWhat should I look at in a grocery store’s receiving area and delivery schedule?
Legal
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
- 02Canada Revenue AgencyGovernmentWhere to keep your records, for how long and how to request the permission to destroy them early
- 03Business Development Bank of CanadaGovernmentWhat are financial statements?
- 04Business Development Bank of CanadaGovernmentAccrual and cash-based accounting
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.