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Address not available $438,000 $45/Yearly/square feet
$438,000 $45/Yearly/square feet
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MLS® Number: A2195663

Listing 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. (30126704)

Property Summary

Property Type
Business
Title
Leasehold
Land Size
Unknown
Built in
1987
Annual Property Taxes
$897,281.76
Time on REALTOR.ca
36 days

Building

Building Features
Construction Material
Wood frame, Steel frame
Exterior Features
Exterior Finish
Stucco
Business
Business Type
Retail and Wholesale (Liquor Store)

Measurements

Square Footage
1837 sqft
Total Finished Area
1837 sqft
Exterior Building Size
1837 sqft

Land

Other Property Information
Zoning Description
M-H1d320h21
Lease Type
Net Escalating
Data provided by: Pillar 9™
403-803-8888
403-287-3876
Book showing
Pat Vuong