1000 sqft
Fully Air Conditioned
Other
$198,800
Be Your own Boss-This is a unique opportunity to own a state-of-the-art, legally licensed cannabis retail store in the heart of Waterdown. Situated at the high-traffic intersection of Main and Dundas, this business benefits from excellent exposure, daily foot and vehicle traffic, and a strong reputation for 5-star customer service. Established in December 2021, this turnkey operation has a stabilized income and growing sales, with financial statements available for review. The attractive lease includes 5 years remaining with one 5-year renewal terms, and renovated 1000 sq. ft. space features luxurious finishes like engineered wood floors, custom built-in cabinets with LED pot lights, and a vinyl-wrapped interior. A fully approved security system, including cameras, motion detectors, reinforced security gates, and electronic locks, ensures peace of mind. The well-designed layout includes a delivery and staff entrance, secured storage, bathroom, breakroom, and a spacious managers office. With sales exceeding the Ontario average and consistent monthly growth, this is an exceptional chance to acquire a thriving cannabis retail business in a prime location. Contact us today to learn more and schedule a private showing! All licenses will be transferred to new buyer.Price doesn,t include stock price ($35000 approx) **** EXTRAS **** Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory (id:47351)
Property Details
MLS® Number
|
X11940157 |
Property Type
|
Business |
Community Name
|
Waterdown |
FarmType
|
Other |
ParkingSpaceTotal
|
4 |
Building
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeExterior
|
1000 Sqft |
SizeInterior
|
1000 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
ZoningDescription
|
Commercial |
https://www.realtor.ca/real-estate/27841340/40-main-street-n-hamilton-waterdown-waterdown