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, Edmonton, Alberta, T6V 1C1

MLS® # 45677001
Commercial For Sale In Cumberland, Edmonton, Alberta
$489,000

None Beds

Edmonton, Alberta
  • Advertising
, Edmonton, Alberta, T6V 1C1
$489,000

Property Information:

Established Dry Cleaning & Alterations Business — Turnkey OpportunityAn 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**. (id:27)

Property Features:

  • Property Type: Retail
  • Irregular: Yes
  • Lot Size: 160243.67 Square Feet

Courtesy of: Nationwide Realty Corp

REALTOR.ca  

Location of , Edmonton, Alberta, T6V 1C1

Demographic Information of , Edmonton, Alberta, T6V 1C1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,008.73

Average Number of Children

2.01

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.83 %

High school certificate or equivalent

31.58 %

Apprenticeship trade certificate/diploma

10.21 %

College/non-university certificate

19.47 %

University certificate (below bachelor)

0.89 %

University Degree

17.02 %

Commuter

Travel To Work

By Car

87.74 %

By Public Transit

5.22 %

By Walking

1.12 %

By Bicycle

0.0 %

By Other Methods

5.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.18 %

Houses

82.82 %

Own Vs. Rent