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$ 499,999
Est. payment | /mo
2,400 SqFt
$ 499,999
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $208
MLS Listing ID A2281917
Year Built 2007
Property Sub-Type Industrial
Property Description
Exceptionally profitable specialty business operating in the niche and rapidly growing HOOKAH & VAPES (Shisha) market. Established in 2021,with a brick-and-mortar retail and warehouse location opened in NE Calgary in 2023,this business has quickly become a recognized supplier within the local shisha community.
The business operates from a 2,400 SF combined retail and warehouse space,showcasing hundreds of products for walk-in RETAIL customers while supporting a busy WHOLESALE and DISTRIBUTION operation supplying numerous shisha businesses throughout Calgary.
The company generates over $1.1 million in annual revenue with strong margins exceeding 25% and consistent year-over-year growth. Demand continues to expand as the shisha community grows,including increasing opportunities tied to hookah rentals for private parties and special events.
A new 5-year lease with renewal options is available to the buyer,providing long-term location stability. The seller is willing to remain on board for training and transition support to ensure continued success.
The business carries approximately $400,000 in inventory (not included in the asking price),demonstrating the depth,variety,and scale of product offerings.
This is an ideal opportunity for an owner-operator or strategic buyer seeking a proven,scalable business with strong cash flow in a growing niche market.
The business operates from a 2,400 SF combined retail and warehouse space,showcasing hundreds of products for walk-in RETAIL customers while supporting a busy WHOLESALE and DISTRIBUTION operation supplying numerous shisha businesses throughout Calgary.
The company generates over $1.1 million in annual revenue with strong margins exceeding 25% and consistent year-over-year growth. Demand continues to expand as the shisha community grows,including increasing opportunities tied to hookah rentals for private parties and special events.
A new 5-year lease with renewal options is available to the buyer,providing long-term location stability. The seller is willing to remain on board for training and transition support to ensure continued success.
The business carries approximately $400,000 in inventory (not included in the asking price),demonstrating the depth,variety,and scale of product offerings.
This is an ideal opportunity for an owner-operator or strategic buyer seeking a proven,scalable business with strong cash flow in a growing niche market.
Location
Province AB
County Cal Zone Ne
Area Cal Zone Ne
Interior
Inclusions Seller to provide asset/equipment list
Fireplace No
Exterior
Garage No
Building
Dwelling Type Industrial
Others
Restrictions Call Lister
Listed by Century 21 Bravo Realty
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
