leaf2.jpg

6045564587

Beautifully-designed, well-established retail cannabis store in Edmonton grossing over $1 million a year with growth potential

Licence(s) Held:

Retail Cannabis License

6045564587

Purchase licensed cannabis store with long lease for $400,000 o.b.o.

  • A beautifully designed 2,100 ft.² cannabis retail store has been operational since 2019.

  • The store comes with custom-built displays, POS, sound system, projector, conference room, office desk, and shelving system for secure storage room

  • Fully up to date with retail sales license for Alberta, and Edmonton city retail license

  • Generating on average $90,000 of monthly gross revenue

  • An attractive 5 year lease term with the option to renew for another 5 years with no rent increase. 

  • Operating costs are lean

  • Comes with a semi-private space to host canna events (within legal guidelines of course). 

  • The site has room for further expansion where the buyer could take over an adjacent lease

  • Existing inventory with over 250 unique cannabis product SKUs (3-4 weeks worth of inventory)

  • Unique branding with strong marketing campaign and heavily influenced with SEO ranking them the top 10 retail store of search results in the region

  • Has been recognized and awarded the best of Weedmaps 2021 award in their region

  • With AGLC passing the law for deliveries in person,  this store will be able to deliver orders in person and via "common carriers" throughout the province starting March 8, 2022

  • Looking for full divestiture as owner must relocate

6045564587

Inquiry Form

Thanks for submitting! We have received your message and will get back to you within 24 hours. Until then, you can send an email to info@hydeadvisory.com