UNAVAILABLE

Established Smoke Shop in Busy City Centre (under agreement)

One of Canada's leading Smoke Shop retailer and established in its current location for over 6 years, specializing in paraphernalia used for consumption of cannabis.
Prime location in high volume traffic downtown district with very little competition in the city.

With a hands-on owner and additional marketing and increased social media presence, a Buyer can have the opportunity to quickly grow and expand the business.

Easy operations. Presently 2 Full Time staff.
Approximately $80,000 in inventory at any given time.
Released from all franchise responsibilities.

Lease Agreement 10 years - 4.5 years remaining.
1,600 square feet at approximately $2,500 per month all included

Financial (CAD)

2019 Revenues - $388,359
2019 SDE - $100,174
2020 Revenues - $360,372
2020 SDE - $74,135
Past 3 year average Revenues - approx. $370,000.

Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.

Minimum Equity Required
$55,000

Price
$134,900 Inventory