Cannabis Retail Store for Sale, Niagara Falls, Ontario ID#20238674

Property: Leased, $3,200 gross per month, 2+5 year term
Transaction type: Share sale
Parking:  There are two spaces directly in front of the building plus lots of additional parking on the side of the building for customers and staff
ID#20238674

Retail Property and Business for Sale!

This is an exceptional opportunity to own a retail property and business in a prime location. The store is situated in a standalone brick building with frontage shared with one unit beside it, a chiropractor’s office. The property offers two parking spaces directly in front of the building with plenty more available for customer convenience, and it has great exposure to a major road, Thorold Stone, providing easy access for deliveries to the city, tourist district, and Niagara-on-the-Lake, a municipality without cannabis.

The interior of the store is beautifully crafted, with custom millwork on wall cases and a center island, costing over $250,000 in improvements. It boasts two points-of-sale terminals with custom millwork sales counters and back storage. Three televisions and plenty of extra storage areas are available, with access to a secure cannabis store room located right behind the sales counter.

The property is leased for $3,200 gross per month, with two years remaining on the lease and two 5-year options to renew. The owner is now accepting reasonable offers for the business, the store and assets. This includes all inventory, accessories, POS systems, and hardware. Profit and loss statements available, serving over 40 customers per day and growing. Current owners are currently not capitalizing on delivery, which is available under their licence.

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
Property Type
Business

Utilities
Cooling
Fully Air Conditioned
Municipal Water

Restrooms
2

Neighbourhood
Transit Friendly
Pedestrian Friendly
Approved Location (>150 meters from schools)
Car Friendly
Parking
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.