Location: Wellington Street East @ Yonge Street, Aurora, Ontario
Size: 1,000 sq. ft.
Date Opened: January 2022
Offer Price: $138,000 + inventory (estimated value: $25,000)
Possession Remarks: Immediate
Property: Lease, $3,227/month
Transaction type: Share sale
Parking: 1 Parking Space Available
An Exciting Opportunity to Own and Operate A Legally Licensed Cannabis Retail Store! Prime Location With Excellent Exposure On The Corner of Yonge Street & Wellington Street East, in Aurora, Ontario With Very Affordable Rent!! Excellent Earning Potential for This Newly Opened Store With An Inventory of $25,000 CAD in Pre-Purchased Cannabis Products. Plenty Of Foot, Vehicle, And Transit Traffic Daily. Laminate Wood Flooring, Freshly Painted Walls With Premium Quality Paint. Featuring LED Backlighting Makes this Store Look Luxurious. Great Location With Many Apartment Buildings And A Go-Station Nearby. Located In The City Of Aurora, Which Is Close to Many Other Cities Including Newmarket, Richmond Hill, King City, and Stouffville. Store Comes Equipped With Trained Staff And Loyal Patrons With Many Kind Words To Share About The Store, The Budtenders, And Their Experience!
Purchaser Will Need To Have Or Apply For Their Retail Operator Licence For Operations.
Reason for Selling: One of the partners backed out from the partnership. Due to the circumstance in the management, the store cannot be sustained with its current management structure and the owners are now looking to divest.
Trained/Employed Staff, Finished Condition, i.e. Completed Build, Air Conditioned, Display Cases, Security System (cameras, motions, server, etc..), Cannabis Products And Accessories In Inventory, Point of Sale System, Customer Parking, Transit/Pedestrian-friendly, Street exposure/outdoor signage, High Foot-Traffic, Repeat/loyal customers, Brand New Store With An Over 4.5-star Review on Google.
Fully Air Conditioned
Street Exposure with Outdoor Signage
Pedestrian Friendly with High Foot Traffic
Loyal Clientele/Repeat Customers
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 To The Public
Items Needed to Operate: Buyer Requires Their Own ROL (Retail Operator Licence) Or Will Need To Apply For Their Own At Their Expense. Retail Store Authorization Transfer Fees May Apply.
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Key words: marijuana dispensary for sale, pot shop, M&A, cannabis investment opportunities