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$ 429,999
Est. payment | /mo
1,269 SqFt
$ 429,999
Est. payment | /mo
1,269 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,269 sqft
Price per Sqft $338
MLS Listing ID A2347462
Year Built 1973
Property Sub-Type Retail
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
State AB
County 0046
Area Cal Zone Cc
Interior
Inclusions Seller to provide asset/equipment list
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by Century 21 Bravo Realty
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