$420,000
FOR SALE

Business for Sale

Convenience/Variety

Lot: 15 x 75 ftTotal Area: 1,125 ft2

279 Kingston Rd E
Ajax, ON L1Z 1E5 | Central East | Durham

CASH COW! Highly profitable TURNKEY Smoke Shop. Located in a prime plaza in Ajax walking distance to Costco/Walmart/McDonald's. Well-established clientele over 10 years of business - with profits from year 1. Purchase Price includes Goodwill and 150k of inventory. This is not your typical business and has high profit margins (200%+). Opportunity to expand business, with ability to retain long-term accredited employees/Mgmt. Lease recently renewed 3+3 years, current rent including TMI $3600 approx. This is a new industry with huge growth potential, average monthly revenue $35,000-$45,000. Sponsorships with Big Brands in place, including Trade Shows/Radio/Sports Events/Concurrent SEO's & website. Value add opportunity to add a separate section for Vapes. This business is a family affair, and is ready to go to the next level.
Extras
Option to purchase second location in the Kawarthas, established for OVER 25 Years. Prepped for Franchising, owner willing to train and advise through transition including consultation.
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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8350260
Last Updated May 17, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Category Without Property
Occupancy Owner
Possession Date 60 Days
Directions/Cross Streets Kingston & Salem
Neighbourhood Central East
Area Durham
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding N
Lot 15 x 75 ft
Retail Area 1,125 ft2
Total Area 1,125 ft2
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 9Am-11P
LLBO N
Employees 3
Heat Type Gas Forced Air Closd
Financial Statement Y
Sprinklers Y
Sewers None
Utilities Y
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning Commercial Retail
Seller Property Info Statement N

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