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
Address
871 Dundas Street
List Price
$59,000
MLS® Status
New
Expiration Date
2026-02-25
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
Region
Toronto
Lot Depth
75
Lot Type
Building
Lot Size Units
Feet
Lot Width
18.5
Total Building Area
1300
Occupant Type
Owner
Cross Street
Dundas/Manning Corner
MLS® Number
C12321208
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Basement
Yes
Postal Code
M6J 1V6
Posession Details
60-90 days
Tax Year
2024
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Hot Water
Cooling
No
Cooling Features
No
Garage Type
Boulevard
Security Features
No
Sewer
Sanitary+Storm