2024 101 Street Edmonton, Alberta T6X 1A1

$340,000

Excellent opportunity to acquire a profitable and well-established cigar, tobacco, and vape retail business located approximately one hour south of Edmonton. 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:49203)

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https://www.realtor.ca/real-estate/29879687/2024-101-street-edmonton