$89,000
 
972 Sq.Ft.
1990 KENSINGTON Road NW, West Hillhurst, Calgary, Alberta, T2N3R5
MLS® Number: A2191729

Business for Sale in KENSINGTON Road NW West Hillhurst Calgary

Property Information

Prime Location Opportunity – Established Cannabis Store for Sale!Are you ready to enter the thriving cannabis industry without the hassle of starting from scratch? This is your chance to take over a fully operational cannabis store and begin generating income immediately!Key Highlights:•Turnkey Business: An already-running operation with established customer traffic.•Expert Support: The current owner is committed to training the new buyer and will assist with obtaining a new cannabis license through AGLC.•Lease Details:•Current lease valid until May 31, 2025.•Option to renew for an additional 5 years.•Costs:•Monthly Rent: $2,430 plus GST•Operating Cost: $1,294.38 per monthThis is a fantastic opportunity to step into a promising venture in the cannabis sector with a smooth transition and expert guidance.Interested? The seller has spent almost $450,000 to build the store from scratch.Important: Please do not approach staff or visit the business without an appointment. Cannabis Goods inventory not included. Please keep in mind that this is only an Asset sale with no good will. The new owner needs to manage & market this place to increase the present location business.The present owner has no time to manage & focus on this present moment of time due to other business commitments, He has three staff managing the store & has to pay lots of labor cost. Therefore, he wants to sell the asset & equipments before renewal of the new lease. The present financials are not relevant to the selling price. This place was newly built by the present owner in June 2020 with start-up & renovation cost of approximately $450,000. With the expenses. point of Sale, close circuit cameras, TV monitors, safety deposit room with metal proofShowcasess, Fridge, Painting, designing, Signage, licensing, building & development permits, Inspection, designing & planning & other miscellaneous cost. Price does not include the Cannabis Inventory. This will be done on the posses sion day; Inventory will be taken & the buyer will pay for the cannabis goods. (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

West Hillhurst

Title

 

Land Size
972Sq.Ft.
Built in
1992
Annual Property Taxes
$
Parking Type
Published
22 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
972.00Sq.Ft.
Total Finished Area
972.00Sq.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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