Branded cannabis retail opportunity – High revenue, market-leading, 3 store package deal in Toronto

Branded cannabis retail opportunity – High revenue, market-leading, 3 store package deal in Toronto
Buy / Sell / Invest:
For Sale
Location:
Ontario
Licence(s):
Retail Cannabis License, Retail Store Authorization
Sq. Footage:
1,500.0 ft²

Well-established, differentiated retail cannabis stores across the GTA grossing ~$9
million a year with growth potential.

1,500-1,700+ sq ft beautifully-designed retail cannabis stores, positioned as a prime community
hub across several main GTA plaza locations
• Stores are fully outfitted and have been operating under the same banner since 2020
• All 3 stores come fully equipped with equipment including POS Units, locking glass display
cabinets/tables, track lighting, custom lighting/lights, security systems, laptops, large flat screen
TVs, sign box on outside of store, and placements on plaza pylon signs
• All three locations have delivery doors at their back allowing for OCS and other deliveries to
happen without disrupting the sales floor
• Stores are designed to make cannabis culture approachable and accessible for all consumers
• Stores have been heavily promoted since inception with a strong focus on marketing and social
media campaigns, local advertising, customer engagement and retention, lean inventory
turnover rates and operational cost savings
• All three stores are highly rated, including being featured in Best of Weed Maps 2021 and Leafly
Best Rated Dispensaries in Ontario 2022
• Fast ramp-up potential to $11+ million annualized sales revenues
• Stores come with existing inventory with over 400 unique SKUs including ~275 unique cannabis
SKUs
• Attractive 5-year lease terms with the option to renew for another 5 years and negotiate at a fair
market value
• Strong management team in place at each store to support ongoing operations and help in
new ownership transition
• Ability to purchase and operate under the existing franchise agreement under favourable terms,
or disassociate the franchise agreement to rebrand these stores
• Seller has covered all leasehold improvements with ownership residing with the seller
• Sizeable Right of First Refusal on each store
• Seller is open to considering reasonable offers for individual stores

Stores for sale as part of a 3-store package deal (NOTE: interested parties may inquire for
individual store pricing)

Listing link: https://www.hydeadvisory.com/listing/8826043411

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.