GREAT INVESTMENT OPPORTUNITY! Located on a busy main street in Bowness, this convenience store offers excellent potential for a new owner to grow and expand the business. Open for three years, with only eight months under new ownership, the store is ready for someone to take it to the next level. Conveniently situated near established residential neighborhoods, shops, and restaurants, it benefits from easy access for both pedestrians and drivers. The store features extensive shelving and inventory, two coolers, a freezer, its own furnace and hot water tank, a bathroom, and rear parking. There is also an established base of repeat customers, including loyal clientele for custom vape and bong products. Looking to expand? A large area at the back of the store offers excellent potential for additional retail space or the possibility of adding a kitchen, subject to any required approvals. There is also ample space at the front for customer parking. With a convenient location, existing customer loyalty, and plenty of room to grow, this is an opportunity you won't want to miss. Don't wait—book your viewing today! $2800 is for net lease . This is not including operating costs.
Essential information
MLS® number
A2355775
Status
Active
Price
$94,900
Lease rate
$2,800 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Call Lister, Landlord Approval
Building area
1,289 sq ft
Year built
1959
Structure
Retail
Listing brokerage
Diamond Realty & Associates Ltd
Source
Pillar 9™ MLS® System
Interior
Included
Business only. All existing goods to be itemized on possession
Exterior and construction
Zoning
MU-2
Commercial
Lease term remaining
49 months
Community
City
Calgary
Province
AB
Postal code
T3B 0E6
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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
—
Pre-tax profit as the books show it
—
Value at that multiple SDE × multiple
—
Asking price as a multiple of SDE
—
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
—
—
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
—
Operating costs monthly
—
Anything else monthly
—
Total each month before GST
—
Total each year
—
Base rent per year
—
—
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.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in businesses for sale in Calgary reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in businesses for sale comes up.
16 photos$89,000105, 6404 Bowness Road NW, Calgary
