The Opportunity

Overview

This established dry cleaning depot and alterations business has been operating successfully since 2005. The current owner has run the business for over 15 years and is now selling to transition into retirement. Over the years, the business has secured a highly loyal and steady customer base with the advantage of no direct competition in the immediate area. The shop is strategically situated in a busy shopping centre surrounded by high-traffic retail tenants. This prime location offers excellent visibility and generates consistent foot traffic daily. The business features simple operations that can be easily managed by a single operator. There is great potential to increase sales by expanding the alterations services, as many current customers are actively requesting it. The total monthly rent is $3,142.85, which includes a base rent of $32.50 per square foot and operating costs. Utilities are billed separately. The lease has been securely renewed for a 10-year term expiring in January 2036, and it includes an additional 5-year renewal option. This is a turnkey opportunity to acquire a stable business with low competition and simple daily management. (id:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 824 square feet
Listing brokerage: First Place Realty
Listing representative: Jason Choi
Board / association: Calgary

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Financial information

Asking price$149,000

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Location intelligence

175 Chestermere Station Way
Chestermere, Alberta T3J3J8

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Documents

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29913920
Last supplied (UTC): September 14, 2026
Listing brokerage: First Place Realty
Listing representative: Jason Choi
Board / association: Calgary

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Listing brokerage: First Place Realty · Listing representative: Jason Choi · Board/association: Calgary · Updated (UTC): Sep 14, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

Business opportunity