Opportunity knocks for the next owner of this well-established and profitable Hookah & Smoke Shop, strategically located along a busy commercial corridor just a short walk from 16 Avenue. Benefiting from tremendous daily vehicle traffic and steady pedestrian exposure, this business enjoys excellent visibility and convenient accessibility.
Occupying approximately 1,269 SF within a prominent Centre Street strip mall, the store offers excellent street-facing exposure along with the added convenience of its own rear parking lot. With a proven track record of consistently generating over $750,000 in annual gross sales and impressive gross profit margins exceeding 40%, this is an established business with a solid operating history under the same ownership for more than five years.
Adding to the appeal is an exceptionally attractive lease rate of only $4,700 per month, inclusive of operating costs, making this a compelling opportunity for an owner-operator, family operation (18+), or business partnership.
Why start from scratch when you can step into an established operation with existing goodwill, clientele, and a proven sales history? Save the time, expense, and uncertainty of building a business from the ground up and take advantage of the foundation already in place. The current owner is also willing to stay on and provide training to facilitate a smooth transition for the new operator.
An outstanding opportunity to acquire an established, profitable business in a prime high-exposure location and build upon its continued success!
Essential information
MLS® number
A2347462
Status
Active
Price
$429,999
Lease rate
$4,700 Monthly
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
Landlord Approval
Building area
1,269 sq ft
Year built
1973
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System
Interior
Included
Seller to provide asset/equipment list
Community
City
Calgary
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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$349,900Calgary AB, Calgary
