MergerPlace

Cannabis Retail Store Franchise

Alberta


  • Asking Price: $750,000
  • Gross Income: $343,896
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $65,000
  • FF&E: $74,979
  • Listing ID: #219678
  • Established: 2018
  • Employees: 3 FT

Business Description

Join the Cannabis industry. The business landscape in Canada has changed dramatically with the right to produce and sell legal cannabis in all its forms and it is getting harder every day to join this new wave of entrepreneurs. Here is a turn-key opportunity to do just that. All the hard work of finding a location, acquiring a dispensary license and setting up the business is done for you. Plus this business comes with the credibility and full support of a proven franchise system.

The owners only recently opened this business but need to relocate for personal reasons. The potential of this business is yet to be seen. Please note that the sales numbers represented here are annualized based on a partial year of sales. Full details will be provided in the confidential information memorandum.

Potential buyers will be asked to fill out a buyer's profile and sign a Non-disclosure agreement. After which more detailed information will be provided.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Alberta

Company Information

Year Established: 2018
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $750,000
Gross Revenue: $343,896
FF&E: $74,979
Inventory: $65,000
Seller Financing Available: Yes

Property Information

Facilities:

The store was built out in 2019 and it is still immaculate. The business operates out of a strip mall location, leasing 1350 square feet with good drive by traffic and sufficient parking.

Growth & expansion opportunities:

The business only opened in late 2019. Sales are growing monthly and edibles will only accelerate growth. The store is far from reaching its potential.

Competition:

Competition is regulated by provincial legislation.

Reason for selling:

Relocation

Support & Training:

Will train for 1 week @ no cost Cannabis dried flower, oil extracts and accessories for smoking, growing, dabbing, vaping, wearing, eating, storing and otherwise enjoying cannabis. Edibles will soon be added to the line up of products sold.

Contact Business Seller

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Business Listed By:

Steve Fylypchuk

Murphy Business Brokers