Located approximately one hour south of Edmonton. Excellent opportunity to acquire a profitable and well-established cigar, tobacco, and vape retail business. Operating for approximately 16 years, this turnkey business has built a strong local reputation, a loyal customer base, and consistent revenue within a regulated specialty retail category.This business is well-suited for an owner-operator, family ownership, or an investor seeking an established retail operation with existing systems in place. The business benefits from consistent customer traffic, manageable operations, low staffing requirements, low rent, and a proven history in the community. Current ownership has developed a reliable foundation with repeat customers, established supplier relationships, organized operations, and an easy-to-understand business model.The business also offers attractive operating hours compared to many similar stores, creating potential upside for a new owner who may wish to expand hours, broaden product selection, improve local marketing, strengthen customer loyalty programs, and grow compliant online sales where permitted.Asking price is $340,000 plus inventory. With an established customer base, long operating history, manageable overhead, and room for continued growth, this is an excellent opportunity for a qualified buyer seeking a stable business with existing cash flow and future upside. (id:13843)
| MLS # | A2319546 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1971 |
| Days On Site | 76 |
| Listing Provided By | eXp Realty | Ibrahim AlGendy |
| SQ Feet | 1,200 |
|---|---|
| Zoning | NA |
| Tax Annual Amount | 0 |
|---|
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6N0B6 |
| Community Name | Summerside |
| Listing VS Median (in Summerside) | |
Price: $340,000 low | high Med: $595,900 sqft: 1,200 low | high Med: 2,034 $ / sqft: $283 low | high Med: $293 On site: 76 low | high Med: 16 | |
| Province | AB |
|---|---|
| City | Edmonton |
| Postal Code | T6N0B6 |
| Community Name | Summerside |
| Listing VS Median (in Summerside) | |
Price: $340,000 low | high Med: $595,900 sqft: 1,200 low | high Med: 2,034 $ / sqft: $283 low | high Med: $293 On site: 76 low | high Med: 16 | |