$198,800
Available - For Sale
Listing ID: X11940157
40 Main St North , Hamilton, L0R 2H0, Ontario
| 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: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 40 Main St North , Hamilton, L0R 2H0, Ontario |
| Postal Code: | L0R 2H0 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Main and Dundas |
| Category: | Without Property |
| Use: | Other |
| Building Percentage: | Y |
| Total Area: | 1000.00 |
| 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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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Waterdown |
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