Location: East Toronto, ON
Size: 1,364 sq. ft.
Offer Price: $275,000 CAD
Possession Remarks: Immediate, pending successful RSA transfer
Property: Lease, $3,300 TOTAL (HST, TMI, Rent, inclusive)
Transaction type: Share sale
Parking: Located beside the building
Volume: over 50 customers per day, avg. basket size $35
- Vinyl Floor And LED Lights
- Two Island Display Cases And Wall Display Units
- Two Point Of Sale Systems Running On An iPad
- Custom Cabinetry
- High-Volume Walk-In Traffic
- Bus-Stop Out Front
- 200 Unit Condominium On Property And Across The Street
- Strong Number Of Repeat Customers including Medical Users Purchasing Recreational Products
- 5-Star Google Rating
- Over 50 Customers Per Day
- Average Basket Size Of $35 Per Customer
- Lots Of Repeat Business From Medical Cannabis Patrons
- Located Next To Many Condominiums
- Includes ~60K in Inventory Alone!
This Is An Excellent Opportunity To Acquire A Well-Established Cannabis Retail Store With A Strong Reputation In The East Toronto Area. The Store Is Located In A Prime Location Next To Many Condominiums, With High Volume Walk-In Traffic And A Bus-Stop Out Front. The Store Has A Strong Customer Base With Over 50 Customers Per Day And An Average Basket Size Of $35 Per Customer.
The Store Is Fully Equipped With Two Island Display Cases And Wall Display Units, Custom Cabinetry, And Two Point Of Sale Systems Running On An iPad. The Vinyl Floor And LED Lights Provide A Modern And Clean Aesthetic. The Store Also Benefits From A 5-Star Google Rating And Has Lots Of Repeat Business From Medical Cannabis Patrons.
In Addition, The Store Is Located In An Area With A 200 Unit Condominium On The Property And Across The Street. Lots Of Loyal Customers With A Number Of Medical Users Purchasing Recreational Products. This Is An Excellent Opportunity To Acquire A Turn-Key Business With A Strong Customer Base And A Prime Location. Don’t Miss Out On This Opportunity To Own A Cannabis Retail Store In East Toronto!
****EXTRAS**** Street Parking In Front. Approved Location With No Schools Within 150 Meters.
Fully Air Conditioned
Approved Location (>150 meters from schools)
Close to Shopping, Restaurants, Cafes, Parks
The seller has received CROL & CRSA License with AGCO, the Alcohol Gaming Commission of Ontario.
Business Remarks: Fully Licensed and Open
Items Needed to Operate: RSA issuance for buyer, exterior signage in buyers store name, vinyl for front windows, shelving for Secure Storage room, display cases and other interior furniture, 1-2 door locks, OCS order for cannabis products, final inspection with AGCO for approval notice.
Reasons for Selling: Store is profitable and doing well, but families’ priorities have shifted for personal reasons.
FINANCIALS AVAILABLE! CALL NOW, THIS WON’T LAST!