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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS® Listing ID A2347462
Year Built 1973
Property Sub-Type Retail
Source Calgary
Property 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!
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!
Location
Province AB
County Calgary
Area Cal Zone Cc
Interior
Inclusions Seller to provide asset/equipment list
Others
Restrictions Landlord Approval
Ownership Leasehold
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Listed by Century 21 Bravo Realty
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