This is a fantastic opportunity to acquire a well-established, high-revenue cannabis retail business in a prime Midtown Toronto location. Situated on a corner property with excellent visibility, it is surrounded by popular restaurants, bars, a gas station, and a thriving residential neighborhood. The store features a 1,300 sq. ft. main floor with high ceilings and an unfinished 900 sq. ft. basement with 9 ceilings, offering significant expansion potential. With monthly cannabis sales of $38K-$40K, accessories sales of $4K-$5K, and additional data deal income of $500-$700, this business operates at a strong 37% gross margin. The lease is$4,500 + $1,500 TMI (plus HST), and includes two dedicated parking spots. Located in one of Toronto's busiest downtown areas, this is a turnkey, money-making venture with immense growth potential. Visit : Https://Himalayacannabis.Ca/.
Address
871 Dundas Street
List Price
$89,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
County
Toronto
Lot Depth
75
Lot Type
Building
Lot Size Units
Feet
Lot Width
18.5
MLS® Number
C12014958
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Postal Code
M6J 1V6
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Gas Hot Water
Cooling
No
Garage Type
Boulevard
Security Features
No
Sewer
Sanitary+Storm