Toronto C01 M6J 1V6 Ontario
MLS: C12971922
Added 1 day ago | For Sale
Listed by: HOMELIFE/MIRACLE REALTY LTD
Rare opportunity to acquire a high-revenue, cash-flowing cannabis dispensary in a prime Midtown Toronto corner location as the Retiring Owner prepares to hand over this neighborhood gem. This 100% equity, turnkey sale includes the corporation, licenses, inventory, and premium renovations, featuring a 1,300 sq. ft. main floor and a 900 sq. ft. high-ceiling basement with massive expansion potential for a delivery hub. Boasting an impressive 37% gross margin, the business generates $38K-$40K in monthly cannabis sales plus accessory and data deal income, all while benefiting from extra low rent ($4,500 + TMI) and two dedicated parking spots. The outgoing owner is committed to a seamless transition and will provide full training and operational support, making this an ideal entry for an independent operator looking to bypass the startup phase in one of Toronto's most vibrant residential and commercial hubs.