Business For Lease in 46W_8888, Calgary W

$438,000
This is excellent opportunity to own this very successful liquor store with high sales volume of with current owner. Prime SW location, very busy Shopping Centre and wide range of residential communities surrounding with established and loyalty customers for many years. Hugh selection of beer, wine, and alcohol - spirits, very functional set up of cooler system. After 31 years successfully running this well-established liquor store at the same location, the seller decided to retire. Lease premises: 1,837 sq.ft. Current Rent and Additional Rent = $10,668.72/month. Basic Net Rent: $6,888.75 ($45/sq.ft) from December 1, 2023 to November 30, 2025. $7,041,83 ($46/sq.ft) from December 1, 2025 to November 30, 2028. Lease with option to renew for further 5 years term. Financial statements will be provided to qualitied prospective buyer after viewing, who is interested and willing to proceed further with an offer. Annual Gross sale: Year 2020: $1,740,320, Year 2021: $1,555,189, Year 2022: $1,430,999, Year 2023: $1,355,155. INVENTORY IS NOT INCLUDED IN BUSINESS PURCHASE PRICE (current inventory is approx. $400,000.00). For showing and address to be provided only after signing confidential agreement.
List Price
$438,000
Lease Price
45.00
Lease Unit
Sqft.
Lease Term
Annually
Property Type
Commercial
Type of Dwelling
Business
Area
Calgary W
Sub-Area
46W_8888
Year Built
1987
MLS® Number
A2195663
Listing Brokerage
RE/MAX House of Real Estate
Zoning
M-H1d320h21

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Alex Pidann

RE/MAX iRealty Innovations

1301 8 St SW Suite 100 Calgary Alberta T2R 1B7

Mobile: (403)830-7274

Office: (403) 228-5557

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