Unknown Address ,

1,269 sqft

$429,999

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! (id:52806)

Property Details

MLS® Number A2347462
Property Type Business

Building

Constructed Date 1973
Size Exterior 1269 Sqft
Size Interior 1,269 Sqft
Total Finished Area 1269 Sqft
Type Retail

Land

Acreage No
Size Total Text Unknown

https://www.realtor.ca/real-estate/30465262/calgary

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