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$ 489,000
Est. payment | /mo
1,222 SqFt
$ 489,000
Est. payment | /mo
1,222 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,222 sqft
Price per Sqft $400
MLS Listing ID A2353351
Property Sub-Type Retail
Property Description
Established Dry Cleaning & Alterations Business Turnkey Opportunity An excellent opportunity to acquire a well-established dry cleaning depot and alterations business operating successfully since 2014. The current owner has been running the business for over 12 years and is now offering it for sale as part of a planned retirement transition.The business has built a loyal and established customer base over the years,supported by its convenient location and limited direct competition in the immediate area. Situated in a **busy shopping centre surrounded by high-traffic retail businesses,the location benefits from strong visibility,convenient access,and consistent daily customer traffic.The operation is straightforward and easy to manage,making it well suited for an owner-operator or entrepreneur looking for an established business with relatively simple day-to-day operations.There is also significant opportunity for a new owner to grow revenue. Potential growth strategies include increasing local marketing,targeting surrounding households and businesses,expanding alterations services,introducing pickup and delivery,and developing recurring commercial accounts.The total monthly occupancy cost is approximately $5,500,including base rent and operating costs,with utilities billed separately. The business is supported by a long-term lease with a renewal option,providing continuity for the incoming owner.Key Highlights Operating successfully since 2014 12+ years under the current ownership Established and loyal customer base Limited direct competition in the immediate area High-traffic shopping-centre location Strong visibility and convenient customer access Simple,manageable day-to-day operations Suitable for an owner-operator Growth potential through marketing and pickup/delivery services Approximately $5,500/month rent including operating costs Long-term lease with renewal option Owner selling due to retirement. Turnkey operation with an established market presence High end equipment and leasehold improvements cost $400,000 plus. This is a compelling opportunity for an entrepreneur seeking an established,easy-to-operate service business with a proven operating history and multiple avenues for future growth.
Location
Province AB
County 0098
Zoning CG
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type None
Others
Restrictions None Known
Listed by CIR Realty
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