10
279 Kingston Road E, #9
$149,995 Sale
Listed 34 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 279 Kingston Road E, #9
Key Facts
Key facts for 279 Kingston Road E, #9
Property Type
Commercial
Parking
Plaza
MLS #
E12050233
Size
-
Basement
-
Listed on
2025-03-30
Lot size
15 x 75.0
Tax
$1 /yr
Days on Market
35
Approximate Age
-
Maintenance Fee
-
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 yea...rs 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.
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Courtesy of: CENTERPOINT REALTY INC.