Edmonton, Alberta
Edmonton, Alberta
MLS® 45677001
$489,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 45677001
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —

Listing description
Established Dry Cleaning & Alterations Business — Turnkey OpportunityAn excellent opportunity to acquire a well-established dry cleaning depot and alterations business operating successfully since 2014. The current owner has been running the business for over 12 years and is now offering it for sale as part of a planned retirement transition. The business has built a loyal and established customer base** over the years, supported by its convenient location and limited direct competition in the immediate area.
Situated in a **busy shopping centre surrounded by high-traffic retail businesses, the location benefits from strong visibility, convenient access, and consistent daily customer traffic. The operation is straightforward and easy to manage, making it well suited for an owner-operator or entrepreneur looking for an established business with relatively simple day-to-day operations. There is also significant opportunity for a new owner to grow revenue.
Potential growth strategies include increasing local marketing, targeting surrounding households and businesses, expanding alterations services, introducing pickup and delivery, and developing recurring commercial accounts. The total monthly occupancy cost is approximately $5,500, including base rent and operating costs, with utilities billed separately. The business is supported by a **long-term lease with a renewal option**, providing continuity for the incoming owner.
### Key Highlights* Operating successfully since **2014*** **12+ years under the current ownership*** Established and loyal customer base* Limited direct competition in the immediate area* High-traffic shopping-centre location* Strong visibility and convenient customer access* Simple, manageable day-to-day operations* Suitable for an owner-operator* **Growth potential through marketing and pickup/delivery services*** Approximately **$5,500/month rent including operating costs*** Long-term lease with renewal option* Owner selling due to **retirement*** **Turnkey operation with an established market presence*** **High end equipment and leasehold improvements cost $400,000 plus**This is a compelling opportunity for an entrepreneur seeking an **established, easy-to-operate service business with a proven operating history and multiple avenues for future growth**.
Property summary
- MLS® number
- 45677001
- Property type
- Retail
- Land size
- 160243.675 square feet
- Days on market
- 6 days
What would this home cost you?
Based on the $489,000 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 Nationwide Realty Corp, Edmonton.
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.