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.
List Price
$499,999
Lease Price
6500.00
Lease Unit
Sqft.
Lease Term
Monthly
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
Lease
Area
Calgary NE
Sub-Area
46NE_8888
Year Built
2007
MLS® Number
A2281917
Listing Brokerage
Century 21 Bravo Realty