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. (id:51989)
Features of Unknown Address
- MLS® Number A2281917
- Price $499,999
- Square Footage: 2400 sqft
Buildings
| Constructed Date | 2007 | Size Exterior | 2400 Sqft |
| Size Interior | 2400 Sqft | Total Finished Area | 2400 Sqft |
Land
| Acreage | No | Size Total Text | Unknown |
Agents and Offices
- Jim Lee
- Wasim Elafech
- Office: Century 21 Bravo Realty