Business in your area
MLS® A2347462
$429,999
- Status
- Active
- Property type
- Business
- MLS® number
- A2347462
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1973
1 / 8Listing description
Opportunity knocks for the next owner of this well-established and profitable Hookah & Smoke Shop, strategically located along a busy commercial corridor just a short walk from 16 Avenue. Benefiting from tremendous daily vehicle traffic and steady pedestrian exposure, this business enjoys excellent visibility and convenient accessibility. Occupying approximately 1,269 SF within a prominent Centre Street strip mall, the store offers excellent street-facing exposure along with the added convenience of its own rear parking lot.
With a proven track record of consistently generating over $750,000 in annual gross sales and impressive gross profit margins exceeding 40%, this is an established business with a solid operating history under the same ownership for more than five years. Adding to the appeal is an exceptionally attractive lease rate of only $4,700 per month, inclusive of operating costs, making this a compelling opportunity for an owner-operator, family operation (18+), or business partnership. Why start from scratch when you can step into an established operation with existing goodwill, clientele, and a proven sales history?
Save the time, expense, and uncertainty of building a business from the ground up and take advantage of the foundation already in place. The current owner is also willing to stay on and provide training to facilitate a smooth transition for the new operator. An outstanding opportunity to acquire an established, profitable business in a prime high-exposure location and build upon its continued success!
Property summary
- MLS® number
- A2347462
- Property type
- Business
- Building type
- Retail
- Leasable Area
- 1,269 sq ft
- Built in
- 1973
- Days on market
- 5 days
What would this home cost you?
Based on the $429,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Bravo Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.