Price: $59,000

871 Dundas Street, Toronto C01, ON M6J 1V6

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


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1300 Square Feet

List Price

$59,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Convenience/Variety

Years in Business

N/A

Location

Toronto C01, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

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All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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