10
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$149,995
Est. payment /mo
1 Bath
1,125 SqFt
New
279 Kingston RD E #9 Ajax, ON L1Z 0K5
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,125 sqft
Price per Sqft $133
Subdivision Central East
MLS Listing ID E12050233
Annual Tax Amount $1
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 75.0
Lot Front 15.0
Property Description
A rare opportunity to acquire a well-established and highly profitable turnkey smoke shop located in a prime retail plaza in Ajax. Just steps from major national retailers including Costco, Walmart, and McDonald's, this business benefits from strong exposure and steady foot traffic. With over 13 years of continuous operation, the business has maintained consistent profitability since its inception and has built a loyal and diverse customer base. The sale includes goodwill, with inventory valued separately at approximately $80,000.The lease has been recently renewed with a 5 year term in place. Current monthly rent, including TMI, is approximately $4,000. A dedicated and experienced team of long-standing staff and management ensures smooth day-to-day operations and a seamless transition for a new owner. The business holds established brand partnerships and leverages a strong marketing presence, including participation in trade shows, radio promotions, sports sponsorships, and a professionally maintained website with strong SEO performance. Significant upside exists through the potential addition of a dedicated vape section or further marketing expansion. Listing Price (excluding inventory): $149,995. All-inclusive Price (including inventory): $200,000. This family-operated business presents an excellent opportunity for investors or entrepreneurs seeking a proven, cash-flowing operation in a growing and resilient industry.
Location
Province ON
County Durham
Community Central East
Area Durham
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 15.0
Lot Depth 75.0
Others
Security Features Yes
Listed by CENTERPOINT REALTY INC.
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