Established management, long-term lease, additional rental income, fully equipped operation and established market presence.
- Asking Price:
- On request Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $11,000,000 (CAD)
- Cash Flow:
- $500K - $2.5M (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
15 years plus 15 years renewal option
- Leasehold Rent:
-
$816,000 (CAD) per annum
- Location:
-
Prime high street location
- Premises Details:
-
South Calgary
- Size in square feet:
- 21,000
Business Operation
- Expansion Potential:
-
Online sale expansion potential
- Competition / Market:
-
Sobeys, Superstore on the other side of the bridge
- Reasons for selling:
-
retirement
- Trading hours:
-
8am to 9pm every day
- Employees:
- 17
- Years established:
- 2021
Other Information
- Support & training:
-
Current owner can work for the new owner within 3 months to 6 months.
- Furniture / Fixtures value:
- $25,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $700,000 (CAD) - included in the asking price
