Active

Calgary,AB

$ 438000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Rent

MLS Listing ID A2195663

Originating Board Calgary

Year Built 1987

Annual Tax Amount $897,281

Tax Year 2024

Property Sub-Type Business

Property Description

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.

Location

Province AB

County Calgary

Area Cal Zone W

Zoning M-H1d320h21

Interior

Inclusions Business assets, leasehold improvement, coolers, cash registers, shelving, surveillance cameras.

Building

Structure Type Metal Frame,Stucco,Wood Frame

Others

Restrictions Phone Listing Broker

Ownership Leasehold

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