Property Details

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Featured in:

Winners:


Calgary (A2277825)

$279,000
1,878 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Investment Opportunity: Profitable Turnkey Liquor Store. This well-established liquor store is now available for purchase. The sale includes the business assets, with inventory valued separately. 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.

Property details

Basic Info

MLS® #
A2277825
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Calgary
Price
$279,000
Sale/Lease:
For Lease
Size:
1,878 sq.ft.
Year Built:
1991 (35 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
The vendor will provide an equipment list.

Business Info

Business Type:
Liquor Store

Listing Info

Possession:
Negotiable
Days on Market:
5
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Grassroots Realty Group Ltd.
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