BE YOUR OWN BOSS! This turnkey, +/-976 SF dry cleaning business has been operating successfully in the community for over 10 years and is ready for its next chapter. Offering the ideal blend of a long lease term remaining, minimum overhead expenses, and a proven positive cash flow generating an impressive net profit, this exceptionally well-maintained shop is backed by a loyal clientele who rely on its premium services. The rent is attractively priced at $4,500 monthly, including water. Everything you need to start making money on day one is included in the sale, presenting an unmissable opportunity to own a staple community business with built-in stability and room to grow.
Essential information
MLS® number
A2346220
Status
Active
Price
$285,000
Lease rate
$4,500 Monthly
Property type
Commercial
Type
Mixed Use
Transaction
For Lease
Restrictions
None Known
Building area
976 sq ft
Year built
1986
Structure
Mixed Use
Listing brokerage
Maxwell Polaris
Source
Pillar 9™ MLS® System
Community
City
Edmonton
Province
AB
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
What this space costs per month
Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Per month—
All in, per sq ft—
Base rent monthly
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Operating costs monthly
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Anything else monthly
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Total each month before GST
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Total each year
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Base rent per year
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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.
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$249,000Edmonton
