Unknown Address ,

1,878 sqft

$249,000

This is a turnkey liquor store for sale. The business is profitable and ready to operate. The price includes all business assets. Inventory will be calculated separately. The real estate is not included in this sale. The store occupies 1,878 square feet and maintains a high gross profit margin between 24% and 27%. The base rent of $30 per square foot is highly competitive compared to other major shopping centres. Operating costs include all utilities except for electricity. The current lease is secure until May 2029, with an additional five-year renewal option. Located in a high-traffic area, the business benefits from a loyal customer base and a clean, modern facility. There is significant potential to increase revenue by extending the current operating hours. Staying open until 2 am would allow the owner to capture high-margin late-night sales from existing regular hours(Monday - Thursday: 10:00 am - 9:00 pm, Friday - Saturday: 10:00 am - 9:30 pm, Sunday: 10:00 am - 8:30 pm). Further growth can be achieved by introducing delivery services or expanding the product selection. The current owner will provide full training to ensure a smooth transition for the buyer. Serious inquiries only. (id:51540)

Business

Business Type Retail and Wholesale
Business Sub Type Liquor Store

Property Details

MLS® Number A2277825
Property Type Business

Building

Constructed Date 1991
Size Exterior 1878 Sqft
Size Interior 1,878 Sqft
Total Finished Area 1878 Sqft
Type Retail

Land

Acreage No
Size Total Text Unknown

https://www.realtor.ca/real-estate/29229297/calgary

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Jason Choi
Associate

(403) 399-8124
(403) 374-1710
jasonchoirealestate.com/
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First Place Realty
300-1822 10th Avenue SW
Calgary, Alberta T3C 0J8

(403) 547-8401
(403) 374-1710