Newly-built and beautifully-designed retail cannabis store located at a premium location in Midtown Toronto with excellent growth potential
Retail Operator Licence, Retail Store Authorization
Store for sale as part of 2-store deal. Open to offers! (NOTE: interested parties may inquire for individual store pricing)
This 1,400 ft.² newly renovated, beautifully-designed retail cannabis store has been operational since 2021.
The store is located in a prominent intersection in Midtown Toronto in a high-traffic area and includes a free parking lot (30+ vehicles) on site.
The store has an attractive sleek design with an open layout, customized display cabinets/tables, display shelving and cash counter.
The retail store is comprised of a main floor with store, office and a vacant area in the back and a 400 sq ft basement waterproofing with 2 storage rooms and washroom
The store is fully equipped and comes with POS system (3), 4k TV displays (6), iPads, sound system, fully covered security camera and intrusion system, customized display table and cabinet, secure storage room with shelving system and smart locks, office, staff room and new A/C system.
Store has only been operational since July 2021 and is fully equipped holding more than 230 unique cannabis product SKUs.
An attractive 2 year lease remaining with the option to renew for another 5 years.
Operating costs are lean
The site has room for further expansion where the buyer could renovate and expand the 280 sq ft vacant room
This retail store is 100% equity owned by the holding company, with no debt outstanding