ID# 20239964
Retail Business for Sale in Stirling, ON!
This exceptional retail property and business, strategically located at the heart of town and proudly anchoring the local community, are up for grabs. Nestled in a charming standalone siding building, complete with a private parking lot and plenty of street parking available for customer convenience, and it has great exposure, providing easy access and being completely pedestrian friendly.
The interior of the store is beautifully crafted with cabinets, display cases and millwork, this space has recently undergone renovations worth over $100k, and still has an opportunity for expansion.
The store boasts points-of-sale terminals, enhancing customer convenience and efficiency. The store is well-equipped with modern features like five menu board televisions, 24-hour camera surveillance, and a top-tier alarm system. Behind the scenes, an office and staff room, complete with a fully functional kitchen, and a storage room to keep things organized.
The property is leased for $2,408 gross per month, in a 5-year lease in year 2. The owner is now accepting reasonable offers for the business, the store and the assets. This includes all inventory, accessories, POS systems, and hardware. Profit and loss statements are available upon request, with average customer cart size of $49 dollars per basket and continuously growing. This store is showing continuous growth and will be a profitable investment for anyone looking to expand their cannabis retail footprint or to enter the business.
This is an excellent opportunity for anyone seeking to own a successful business in a prime location. Don’t miss out on this fantastic opportunity!
Property Summary
Size: 2,200 sq ft
Property: Leased, $2,408 gross per month, 5 year term
Parking: Full, private parking lot with 5 parking spots, free street parking also available
Business Remarks: Fully Licensed and Open
Open date: April 2022
Selling Reason: The owners reside four hours away, and managing the property from a distance has proven to be challenging.
Employees: 1, full-time staff member and marketing manager with institutional memory that is available to stay on, if requested.
Utilities
Cooling
Fully Air Conditioned
Municipal Water
Restrooms
1
Neighbourhood
Transit Friendly
Pedestrian Friendly
Approved Location (>150 meters from schools)
Car Friendly
Private Parking
Close to Shopping, Restaurants, Cafes, Parks