Business For Sale · Specialty

764 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale)

764 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale), ON M6C1B5

$149,900 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

About this property

Cash Flowing & Money Making Cannabis Dispensary Business For Sale! Check Out Our Professional Website helloedition.com. $35,000 to $42,000 in Sales per Month & Increasing with Tons of Potential to Increase & Grow Sales! Just for You, Approximately $12,000 of Inventory Will be Included with the Sale! Edition X Was One of the First Dispensaries to Open & Has Won Awards & Has Been Highlighted in Many Articles! The Entire Business is For Sale, Including the Corporation, Licenses, Equipment, Lease Take Over, Inventory & Stock, All Furniture & Renovations, All Signs & More! Extra Low Monthly Rent & Very Healthy Gross Margin & Profit! Huge Amount of Inventory Included with the Sale! Located in a Very Heavy Traffic Area Beside St Clair TTC Route, Between Dufferin St. & Bathurst St. This is NOT a Franchise, Only 1 Location, Enjoy Having No Franchise Fees & Be Your Own Boss. Diversified Ordering Including Deliveries & Website Orders - Turnkey System! You Will Pay Off the Business Cost in Less Than a Year. Over $200,000 Was Spent to Renovate the Place & Get this Business Up & Running - and Now For Sale at a Fraction of the Price - Totally Turn-Key For You! Operating for 6 Years Come June, Great Client, Customer Base & Loyalty Members. Online Ordering & Deliveries Have Been Mastered & Also Tons of Potential to Grow. Take Over This Business with 100% Equity Ownership, No Loans! Approximately 950 sqft of Finished Commercial Space + an Unfinished Basement for Your Storage Needs & a Bathroom for Employees. 2 Parking Spots with This Unit Including in the Attached Garage + Driveway Area + More Spaces at the Back. If You Have Dreamed to Own a Neighborhood Oriented Stand-Alone Cannabis Dispensary Where You Can Apply Your Touch and Make Your Business Unique with High Quality Products & Service Compared to the Large Chains, then This For You! Owner Will Provide Training & All the In's & Out's! Open Friday & Saturday 10am-10pm, Sunday 10am-7pm, Monday-Thursday 10am-9pm. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$692

Projected NOI

$7K

Annual cash flow

$-1K

Cash-on-cash

-2.25%

DSCR

0.88

Going-in cap

4.87%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

142,186

Households

52,245

Median income

$85,500

Median age

45

Daytime population

124,594

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 764 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.