40 Main St N, Hamilton MLS Number: X11940157
Waterdown, Hamilton, ON, L0R 2H0$198,800
Status: OFF MARKET
- Property Type: Commercial (Sale Of Business)
- Property Taxes : $0.00 (Tax Year:2024)
- Listing Courtesy : Re/max Find Properties
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$198,800
Status: OFF MARKET
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
| Property Type | :Commercial |
|---|---|
| MLS Number | :X11940157 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :14 Feb, 2025 (293 Days ago) |
| Source | :TRREB |
| Area | :Hamilton |
|---|---|
| Postal Code | : L0R 2H0 |
| Price | : $198,800 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Main and Dundas |
|---|
24 Jan, 2025
TREB #X11940157
Available
$198800.0
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