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$198,800
Available - For Sale
Listing ID: X11940157
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. **EXTRAS** Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory
Price $198,800
Minimum Rental Term: 0
Maximum Rental Term: 0
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 40 Main St North , Hamilton, L0R 2H0, Ontario
Postal Code: L0R 2H0
Province/State: Ontario
Directions/Cross Streets: Main and Dundas
Zoning: commercial
Category: Without Property
Use: Other
Building Percentage: Y
Total Area: 1,000
Total Area Code:  Sq Ft
Retail Area: 1000
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 12hrs
Employees #: 4
Seats: 0
LLBO: N
Gross Income/Sales: $525000
Estim Inventory Values At Cost : 35000
Year Expenses: 0
Expenses Actual/Estimated: $Act
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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40 Main St North , Hamilton, L0R 2H0, Ontario

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Maria Tompson
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416-548-7854
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Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Waterdown
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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