90 Wellington Street Stratford, Ontario N5A 2L2

$799,000

Cannabis Cannabis is a next-generation cannabis business that uses sustainability, design and education to make their brand more approachable, create less waste and lower overhead-while building a valuable brand that people love and want to engage with. The owners have built a profitable, fresh, focused brand that rises above the cluttered landscape to better align with a changing world that expects brands to show up on social responsibility in an authentic, relatable way. Their clientele are loyal and the business continues to build a strong community base due to their outstanding client services levels that are second to none. The brand has positioned itself as a kinder way to cannabis. The owners have created a business operation that requires up to 2 people to operate successfully, thereby significantly lowering overheads. They've used education, along with in-store and online experiences to make cannabis more approachable. Their menu is very simple through quality curation and their in-store experience activates all senses through smell, atmosphere, sound and lighting. The location was strategically chosen in the downtown core of Stratford. Stratford brings in over $65 million a year in sales from visitors to the city and the Stratford Festival. It is directly across the street from the LCBO and a 10-min. walk to the Theatre and it is the most foot trafficked location of any Cannabis store in the City. The Cannabis Cannabis brand and store is one of the best in Canada and offers a great opportunity for the new owner to expand, franchise or buy and operate other locations. Government is in process of lowering their markup in the fall which will produce additional profit of 3%. (id:48040)

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https://www.realtor.ca/real-estate/25358783/90-wellington-street-stratford