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$59,000
Est. payment /mo
1,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $45
Subdivision Trinity-Bellwoods
MLS Listing ID C12321208
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 75.0
Lot Front 18.5
Property Description
Cannabis Store Owner going to retire!! Cash Flowing & Money Making Cannabis Dispensary Business For Sale! This is a fantastic opportunity to acquire a well-established, high-revenue cannabis retail business in a prime Midtown Toronto location. The Entire Business is For Sale, Including the Corporation, Licenses, Equipment, Lease Take Over, Inventory & Stock, All Furniture & Renovations, All Signs & More! Extra Low Monthly Rent & Very Healthy Gross Margin & Profit! Great Client, Customer Base & Loyalty Members. Online Ordering & Deliveries Have Been Mastered & Also Tons of Potential to Grow. Take Over This Business with 100% Equity Ownership. If You Have Dreamed to Own a Neighborhood Oriented Stand-Alone Cannabis Dispensary Where You Can Apply Your Touch and Make Your Business Unique with High Quality Products & Service Compared to the Large Chains, then This For You! Owner Will Provide Training & All the In's & Out's! on a corner property with excellent visibility, it is surrounded by popular restaurants, bars, a gas station, and a thriving residential neighborhood. The store features a 1,300 sq. ft. main floor with high ceilings and an unfinished 900 sq. ft. basement with 9' ceilings, offering significant expansion potential. With monthly cannabis sales of $38K-$40K, accessories sales of $4K-$5K, and additional data deal income of $500-$700, this business operates at a strong 37% gross margin. The lease is $4,500 + $1,500 TMI (plus HST), and includes two dedicated parking spots. Located in one of Toronto's busiest downtown areas, this is a turnkey, money-making venture with immense growth potential. Visit: Https://Himalayacannabis.Ca/. Situated
Location
Province ON
County Toronto
Community Trinity-Bellwoods
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 18.5
Lot Depth 75.0
Others
Security Features No
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Listed by HOMELIFE/MIRACLE REALTY LTD