Opportunity Overview
This listing represents a rare opportunity to acquire a licensed cannabis dispensary in a prime Scarborough location. The store is fully built out and equipped with top-tier security and retail systems, but it has not yet opened, allowing the new owner to customize and brand the operation to their specifications.
Property and Business Details:
- Location: High-traffic area on Kennedy Road, Scarborough, Ontario, part of a shared retail strip plaza with 5 storefront units.
- Condition: Turn-key ready, with completed build-out including custom cabinetry, glass display cases, and a fully integrated security system featuring 11 cameras, motion detectors, and a server.
- Size: 1,000 sqft of retail space, featuring modern laminate flooring, a vault room, and two points of sale with Samsung touchpads. Storefront signage includes an open sign and an exterior LED-lit box sign for high visibility.
- Lease Terms: The space is leased at $3,500/month plus TMI.
- Parking: Customer parking is available, with room for 40 cars.
- Foot Traffic: Located in a pedestrian and transit-friendly area with excellent street exposure.
- Staffing: Accommodates 3 to 4 employees comfortably in the retail space.
Key Business Information:
- License Status: Fully licensed, but not yet opened.
- Ownership: Operated under a corporation, allowing flexibility in the sale and transition process.
- Inventory: No cannabis inventory currently on-site, but the space is prepared to stock both cannabis products and accessories.
- Equipment: Store comes equipped with all necessary point-of-sale systems, security infrastructure, and retail display furnishings.
Additional Features:
- Ideal for someone looking to step into a ready-made business.
- High visibility with street exposure, including outdoor signage.
- Turn-key for immediate operation upon completion of licensing formalities.
This is the perfect opportunity for an entrepreneur looking to enter the cannabis retail industry without having to worry about the costly and time-consuming build-out process.
Contact Us
If you are interested in this investment opportunity or wish to learn more about this opportunity, please reach out to CannDelta via email (lucas@canndelta.com) or phone.
+1 (877) 274 6777