info@settlersrealty.ca
CONTACT
$438,000
 
1837 Sq.Ft.
MLS® Number: A2195663

Business for Sale

Property Information

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. (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

Title

 

Land Size
1837Sq.Ft.
Built in
1987
Annual Property Taxes
$897281.76
Parking Type
Published
58 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

Wood frame, Steel frame

Floor Space
1837.00Sq.Ft.
Total Finished Area
1837.00Sq.Ft.
Structures
Stucco
Heating & Cooling
Cooling
Fireplace
Heating Type
Exterior Features
Exterior Finish
Stucco
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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