Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44726001
Business For Sale
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Profitable Cannabis Business for Sale in Central Ontario - Ref #04201
$700,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M5V
Relocatable: No
Business Categories:
Retail Stores & Sales
Personal Services & Products
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Business Overview
* Formation: Business has been operational since 2021
* Primary Operation: Specializes in the sale of cannabis products and accessories, including THC and CBD products
* Operation Stability: The business has management in place who efficiently handle the day-to-day operations, ensuring continuity and efficiency
* Employees - 11 Nonunion employees, including 4 FT store managers
* Owner Role - Responsible for overseeing operations and financeDeal Highlights
* Inclusive Assets: Purchase price includes furniture and fixtures, equipment valued approximately at $253,000 (as per seller) Revenue - $2,800,000
Asking price - $700,000
Ref: 04201
Location - Central Ontario
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Business Snapshot
Revenue: Average revenue for the past 2 years is an impressive $3 million per year, yielding an average profit of approximately $270,000 per year
Workforce: The business currently employs 11, including managers who are responsible for the daily operations
Owner Roles: Owner(s) not involved in the day-to-day running of the business and only responsible for overseeing overall operations and finance
Licensing: Business has the necessary AGCO license.
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Locally Owned: The business is locally owned, reputable, and has received great reviews from the community
Growing Industry: Canadian recreational cannabis sales surpassed $5 billion in 2023, growing 12.2% compared to 2022 Smooth Handover: Current owner(s) willing to stay for a reasonable period to ensure a seamless transition Opportunity: This business doesnt require any technical expertise and offers an outstanding chance to lead and expand a successful enterprise
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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authority. The Buyer should contact the Seller directly and verify the
accuracy of all information to his/her own satisfaction.
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