Calgary, AB T2N 3R5,1990 KENSINGTON RD NW
Calgary, AB T2N 3R5,1990 KENSINGTON RD NW
Calgary, AB T2N 3R5,1990 KENSINGTON RD NW
Calgary, AB T2N 3R5,1990 KENSINGTON RD NW
Calgary, AB T2N 3R5,1990 KENSINGTON RD NW
Calgary, AB T2N 3R5,1990 KENSINGTON RD NW
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$ 89,000

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$ 89,000
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

Subdivision West Hillhurst

MLS® Listing ID A2191729

Originating Board Calgary

Year Built 1992

Property Description

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 month
This 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 possession day; Inventory will be taken & the buyer will pay for the cannabis goods.

Location

Province AB

County Calgary

Area Cal Zone Cc

Interior

Inclusions AS PER SCHEDULE 'A

Others

Restrictions None Known

Ownership Leasehold

Listed by First Place Realty

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1990 KENSINGTON RD NW

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