Calgary, Alberta Not Provided

$429,999
property image
List Price
$429,999
Status
ACTIVE
MLS® #
A2347462
Days on Market
1
Year Built
1973
Area
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!

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Courtesy of Century 21 Bravo Realty.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .