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$420,000
Status: For Sale
CASH COW! Highly profitable TURNKEY Smoke Shop. Located in a prime plaza in Ajax walking distance to Costco/Walmart/McDonald's. Well-established clientele over 10 years of business - with profits from year 1. Purchase Price includes Goodwill and 150k of inventory. This is not your typical business and has high profit margins (200%+). Opportunity to expand business, with ability to retain long-term accredited employees/Mgmt. Lease recently renewed 3+3 years, current rent including TMI $3600 approx. This is a new industry with huge growth potential, average monthly revenue $35,000-$45,000. Sponsorships with Big Brands in place, including Trade Shows/Radio/Sports Events/Concurrent SEO's & website. Value add opportunity to add a separate section for Vapes. This business is a family affair, and is ready to go to the next level.
Property Type | :Commercial |
MLS Number | :E8350260 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :17 May, 2024 (124 Days ago) |
Source | :TRREB |
Area | :Durham |
Community | : Central East |
Postal Code | : L1Z 1E5 |
Price | : $420,000 |
Property Taxes | :$0.00 |
Tax Year | :2023 |
Cross Street | :Kingston & Salem |
Fireplace/Stove | :No |
17 May, 2024
TREB #E8350260
Available
$420000.0