Cannabis Dispensary - Port Elgin, Ontario
A rare opportunity to acquire a licensed cannabis dispensary in the fastest growing community in Ontario with the highest per capita income. A Hyatt Hotel is opening on the adjacent property and the announcement of a new reactor build (Bruce C) at Bruce Power is imminent, coupled with high tourist demand for accommodation, 1000 houses are being and have been built.
LOCATION: 5026 Highway 21, Port Elgin, N0H 2C5 - all incoming traffic from Waterloo Region pass Budzz first and a large number of Bruce Power employees (5000) pass our store every night on their way home.
LEASE TERMS: Presently month to month - available lease terms - $2654 per month plus HST, heat and hydro.
SIZE: 2000 Sqft of retail space, two fully equipped points of sale. A second room of 100 sqft for office and storage as well as receiving garage door.
PARKING: 20 spaces available for customer parking.
LICENSE STATUS: Fully licensed, presently operating, turnkey.
OWNERSHIP: Corporation, allowing flexibility in the sale and transition.
INVENTORY: $30,000 Cannabis products.
EQUIPMENT: Store comes equipped with all POS systems, $13000 security system with 13 cameras, retail display and furnishings.
Financials (USD)
Asking Price $107,724
Cash Flow Between $18,074 and $36,149
Sales Between $253,044 and $325,342
Converted From CAD
Exchange Rate $0.72
Deal Terms
Represented by broker? Available On Request
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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