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Busy Central Alberta Liquor Store For Sale

Red Deer, Alberta, Canada
Asking Price:
$99,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$417,965 (CAD)
Cash Flow:
$25,000 (CAD)

Great Opportunity for a Buyer looking to purchase an easy turn key business and a well run liquor store in Red Deer, Alberta. Located Centrally in the hub of Alberta halfway between Edmonton and Calgary.

On the main street of Red Deer this leaves for great exposure to traffic, a service for out of town clientele and it's close to many businesses and residential areas that houses a large percentage of the 18-35 demographics. Location, size and existing large client base of both business and regular customers.

The current owner has spent considerable time and money over the last 3 years to increase clientele, retail sales and profits. They are looking to sell and start a new business elsewhere:

• Consistent monthly orders from a couple of prominent commercial businesses.
• Online orders on skip the dishes and door dash

This business has incredible potential for the right person who can add value by creating and executing a business plan.

Please inquire to see the proforma depicting both the current financial and expected potential from the seller’s accountant. Further growth can be expected, beyond what is noted above, with a new owner who is active, on-site, and committed to the business’s prosperity.

A great opportunity for you if you are looking to be hands on!

All interested parties are requested to complete the buyer’s profile and sign an NDA prior to receiving any additional information. The building/property in not a part of the sale.

Thank you for your interest on this affordable business opportunity with great potential.

Opportunity Information

Real Estate:
Lease

Lease Terms:
5 year term expiring September 30, 2025
Base rent:
Oct 1, 2020 to Sept 30, 2021 $22.16/square foot. $2800/month. $33,595/year
Oct 1, 2021 to Sept 30, 2022 $22.96/square foot. $2900/month. $34,800/year
Oct 1, 2022 to Sept 30, 2023 $23.74/square foot. $3000/month. $36,000/year
Oct 1, 2023 to Sept 30, 2024 $24.54/square foot. $3100/month. $37,200/year
Oct 1, 2024 to Sept 30, 2025 $25.33/square foot. $3200/month. $38,400/year
Additional rent per month is $381 to September 30, 2021.

Asset and Inventory:
Investment value: $184,000 (Includes approximately: $85,000 inventory / furnishings) Inventory to be verified with a condition on purchase.
Leased space size: Approximately 1516 square feet
Asking Price:
$85,000 plus inventory
Sales Revenue:
$357,973 Averaged for 2019-2020
$417,965 for 2021

Call or Text Cindy Dooley for more information

Property Information

Real Estate:

Lease

Leasehold Rent:

$2,900 (CAD) per annum

Location:

Main Street location with great exposure

Size in square feet:
1,516

Business Operation

Expansion Potential:

Opportunities for Business expansion would be to secure anchor tenant within the area.

Reasons for selling:

Seller has some health issues and can't dedicate hours necessary for store operation - currently 11am-10pm. Opportunity to increase income with longer business hours 10am-2am.

Employees:
Owners run the store
Years established:
3.5

Other Information

Support & training:

Seller is willing to stay in contact and assist taking on the business.

Inventory / Stock value:
$100,000 (CAD)

Contact exp Realty

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