2024 101 Street , Edmonton, Alberta T6X 1A1 New For sale

$340,000

About 2024 101 Street

Excellent opportunity to acquire a profitable and well-established cigar, tobacco, and vape retail business located approximately one hour south of Edmonton. Operating for approximately 16 years, this turnkey business has built a strong local reputation, a loyal customer base, and consistent revenue within a regulated specialty retail category.This business is well-suited for an owner-operator, family ownership, or an investor seeking an established retail operation with existing systems in place. The business benefits from consistent customer traffic, manageable operations, low staffing requirements, low rent, and a proven history in the community. Current ownership has developed a reliable foundation with repeat customers, established supplier relationships, organized operations, and an easy-to-understand business model.The business also offers attractive operating hours compared to many similar stores, creating potential upside for a new owner who may wish to expand hours, broaden product selection, improve local marketing, strengthen customer loyalty programs, and grow compliant online sales where permitted.Asking price is $340,000 plus inventory. With an established customer base, long operating history, manageable overhead, and room for continued growth, this is an excellent opportunity for a qualified buyer seeking a stable business with existing cash flow and future upside. (id:51989)

Features of 2024 101 Street

  • MLS® Number 45041795
  • Price $340,000

Buildings

Land

Acreage Yes Size Irregular 816314.3999999999
Size Total 816314.4 Sqft|10 - 24.99 Acres Size Total Text 816314.4 Sqft|10 - 24.99 Acres

Agents and Offices

  • Ibrahim Algendy
  • Office: Exp Realty
  • Aerial
  • Walking Score
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