info@settlersrealty.ca
CONTACT
$699,800
 
2400 Sq.Ft.
MLS® Number: A2187486

Business for Sale

Property Information

This is a rare chance to own a successful retail store (20 years in business) in a prime location, consistently generating over $2 million in annual sales, with a strong $2.1 million in gross revenue for 2024. The 2,400 SF store is situated in a high-traffic plaza in Northeast Calgary, just steps away from a major shopping mall, ensuring maximum visibility and foot traffic. Recently renovated, the store boasts upgraded flooring, display shelves, and an optimized layout to better showcase its diverse range of electronic products, from new devices to repairs. The business benefits from a highly favorable lease, with rental costs representing only about 5% of gross revenue and flexible renewal options in place. Since its opening in 2005, the store has built a loyal customer base, experiencing steady growth year after year. With an experienced management team ready to stay under new ownership, the business is well-positioned for continued success. This sale includes being part of a Franchise Brand and qualifying the new buyer from the Head Corporate office, ensuring access to exclusive product lines and a reliable supply chain. Thanks to a proven inventory system and strong margins of 20%+, and continued growth year over year. (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

Title

 

Land Size
2400Sq.Ft.
Built in
1999
Annual Property Taxes
$
Parking Type
Published
8 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
2400.00Sq.Ft.
Total Finished Area
2400.00Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Total Parking Spaces
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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