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
MLS# | X11940157 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 90 |
Listing Provided By | RE/MAX FIND PROPERTIES | X11940157 301400 |
SQ Feet | 1,000 |
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Acreage | 0.02 |
Province | ON |
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County | Hamilton |
City | Hamilton |
Postal Code | L0R 2H0 |
Area | Waterdown |
Listing VS Median (In L0R 2H0) | |
Price: $198,800 low | high Med: $2,099,000 SqFt: 1,000 low | high Med: 6,078 $ / SqFt: $199 low | high Med: $345 On site: 90 low | high Med: 6.000000 |