$499,999
 
2400 Sq.Ft.
MLS® Number: A2281917

Business for Sale

Property Information

Exceptionally profitable specialty business operating in the niche and rapidly growing HOOKAH & VAPES (Shisha) market. Established in 2021, with a brick-and-mortar retail and warehouse location opened in NE Calgary in 2023, this business has quickly become a recognized supplier within the local shisha community.The business operates from a 2,400 SF combined retail and warehouse space, showcasing hundreds of products for walk-in RETAIL customers while supporting a busy WHOLESALE and DISTRIBUTION operation supplying numerous shisha businesses throughout Calgary.The company generates over $1.1 million in annual revenue with strong margins exceeding 25% and consistent year-over-year growth. Demand continues to expand as the shisha community grows, including increasing opportunities tied to hookah rentals for private parties and special events.A new 5-year lease with renewal options is available to the buyer, providing long-term location stability. The seller is willing to remain on board for training and transition support to ensure continued success.The business carries approximately $400,000 in inventory (not included in the asking price), demonstrating the depth, variety, and scale of product offerings.This is an ideal opportunity for an owner-operator or strategic buyer seeking a proven, scalable business with strong cash flow in a growing niche market. (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

Title

 

Land Size
2400Sq.Ft.
Built in
2007
Annual Property Taxes
$
Parking Type
Published
28 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
2400.00Sq.Ft.
Total Finished Area
2400.00Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Total Parking Spaces
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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