Profitable, 2 cannabis store package deal grossing ~$2 million a year with growth potential in London, ON

For Sale
Ontario
Retail Store Authorization
Turnkey retail cannabis stores located in prime community hubs across London, ON. Seller is open to consider reasonable offers for individual stores.
- 2 x 900 ft.² – 1100 ft.² cannabis retail stores positioned in prime community hubs across London, ON
- Stores are fully outfitted and have been operated under the same banner since 2021
- Stores are located near prominent intersections between residential and commercial areas in London with lots of residential homes, university, mall and commercial buildings in close proximity
- Both stores are fully equipped and come with a POS system, TV display, security system and motion sensors, display table and cabinet
- The stores have an open layout with frosted glass and frosted door display cabinets/tables, display shelving and cash counter, staff room and washroom
- Attractive 5-year lease terms
- Fast ramp up potential to ~$2+ million gross sales revenues
- Operating costs are lean
- Stores for sale as part of 2-store deal for $1.2 million o.b.o
- Seller is open to consider reasonable offers for individual stores