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279 Kingston Road E Ajax, Ontario L1Z 1E5

1125 sqft
Fully Air Conditioned Forced Air

$420,000

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. (id:27910)

Business

Business Type Retail and Wholesale
Business Sub Type Convenience store

Property Details

MLS® Number E8350260
Property Type Business
Community Name Central East

Building

Appliances Furniture, Microwave, Refrigerator
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1125 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 15 X 75 Ft
Size Total Text 15 X 75 Ft