UNAVAILABLE

Cannabis Paraphernalia Store (under agreement)

One of Nova Scotia's leading Cannabis Paraphernalia retailer, established in its current location for over 6 years.
Prime location in high volume traffic downtown district with very little competition in the city.
Great online reviews, loyal customer base.
Amazing potential for higher revenues.
The present owner does not work at the store. 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.
Approximately $80,000 in inventory at any given time.

2019 Revenues - $388,359
2019 SDE - $100,174
2020 Revenues - $360,372
2020 SDE - $74,135
Past 3 year average Revenues - approx. $370,000.
The Revenues have been steadily increasing over the past years.
Average annual return on investment will be approximately 40%, based on a capital of $63K invested (business and inventory, with the balance financed) and consider the 2020 SDE, including equity buildup and after paying oneself a $40K salary.

Minimum Equity Required
$55,000

Lease Agreement 10 years - 4.5 years remaining.
1,600 square feet at approximately $2,500 per month all included.
$134,900 Inventory

Under Offer