871 Dundas ST Active Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M6J 1V6
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
Zoning Commercial
Interior
Cooling No
Inclusions Inventory Cost Extra
Exterior
Community Features Major Highway,Public Transit
Utilities Available Available
Lot Frontage 18.5
Lot Depth 75.0
Others
Security Features No