Skylar David- +1(403) 343-3344 reception@coldwellbanker.ca
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$ 549,000
$ 549,000
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS® Listing ID A2347671
Year Built 1980
Property Sub-Type Retail
Source Calgary
Property Description
Established Supermarket in Prime Regional Mall Location
Excellent opportunity to acquire an established and profitable supermarket located in a busy regional mall with ample parking and strong customer traffic.
The approximately 5,500 sq. ft. store has been operating successfully for 4 years and currently generates approximately $2 million in annual revenue, with sales continuing to grow. The store is well laid out and offers a broad selection of products, including Mainly Asian groceries and specialty foods, Fresh vegetables, Large frozen food section, BBQ section, Live seafood tanks, Wholesale supply to local restaurants.
The business is profitable and will generates income from day one, with significant room for further growth and improvement. The established location, proven business concept, existing customer base, and wholesale accounts provide a strong foundation for the next owner. Wholesale accounts will be assigned to the new owner.
The business has approximately 6 years remaining on the lease, with a very attractive lease rate for a location of this calibre. The regional mall naturally generates significant customer traffic, providing the store with an established flow of shoppers.
The seller is retiring, creating an excellent opportunity for a motivated entrepreneur or family to take over and continue growing the business. It could be particularly well suited to someone with experience in the food or restaurant industry. There is a full commercial kitchen with a walk-in cooler and a walk-in freezer. Therefore, adding a food, seating area is feasible.
Starting a new 5,500 sq. ft. supermarket from scratch would require a substantial investment in renovations, equipment, inventory, and setup—potentially exceeding the $550,000 already invested in renovations and equipment. With this opportunity, you also acquire the benefit of four years of accumulated customers, operating history, established supplier relationships, and a proven business model.
A great opportunity to acquire an established, profitable business with an attractive lease, proven location, and significant potential for continued growth.
NDA required for additional financial and business information.
Excellent opportunity to acquire an established and profitable supermarket located in a busy regional mall with ample parking and strong customer traffic.
The approximately 5,500 sq. ft. store has been operating successfully for 4 years and currently generates approximately $2 million in annual revenue, with sales continuing to grow. The store is well laid out and offers a broad selection of products, including Mainly Asian groceries and specialty foods, Fresh vegetables, Large frozen food section, BBQ section, Live seafood tanks, Wholesale supply to local restaurants.
The business is profitable and will generates income from day one, with significant room for further growth and improvement. The established location, proven business concept, existing customer base, and wholesale accounts provide a strong foundation for the next owner. Wholesale accounts will be assigned to the new owner.
The business has approximately 6 years remaining on the lease, with a very attractive lease rate for a location of this calibre. The regional mall naturally generates significant customer traffic, providing the store with an established flow of shoppers.
The seller is retiring, creating an excellent opportunity for a motivated entrepreneur or family to take over and continue growing the business. It could be particularly well suited to someone with experience in the food or restaurant industry. There is a full commercial kitchen with a walk-in cooler and a walk-in freezer. Therefore, adding a food, seating area is feasible.
Starting a new 5,500 sq. ft. supermarket from scratch would require a substantial investment in renovations, equipment, inventory, and setup—potentially exceeding the $550,000 already invested in renovations and equipment. With this opportunity, you also acquire the benefit of four years of accumulated customers, operating history, established supplier relationships, and a proven business model.
A great opportunity to acquire an established, profitable business with an attractive lease, proven location, and significant potential for continued growth.
NDA required for additional financial and business information.
Location
Province AB
County Calgary
Area Cal Zone N
Interior
Inclusions existing business operation equipment. Inventory not included.
Others
Restrictions None Known
Ownership Private
Listed by First Place Realty