NewFor Sale

40 Main Street N
Hamilton, Hamilton, ON, L0R 2H0

Sale Of Business
TRREB
MLS® Number: X11940157
$198,800List Price
Sale Of BusinessProperty Type
1,000 sq ftSize
OtherBusiness Type
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Property Location

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Listing History

Buy/sell history for 40 Main Street N, Hamilton, ON L0R 2H0

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Description

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

Features

No features available

Amenities

No amenities available

Summary

Listing #:X11940157
Property Type:Sale Of Business
Size:1,000 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX FIND PROPERTIES

Rooms

Details

Property

Property Type:Sale Of Business
Community:Waterdown
Municipality:Hamilton

Building

Size:1,000 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Main and Dundas

$198,800

List price

40 Main Street N, Hamilton – Sale Of Business for sale · MLS® # X11940157 | CPRB