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Profitable Family-friendly Vaping Store In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$250K - $500K (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
Undisclosed

Description:
Looking for a profitable, family-friendly business in Toronto with a steady income stream and minimal daily involvement? This established vaping store in Queens Quay, Toronto, offers an ideal setup for families or newcomers seeking a hassle-free, passive income opportunity. Located in a prime area with high foot traffic, this business delivers consistent revenue and is easy to manage without specialized knowledge.

Key Highlights:
Family-Oriented Income Opportunity: Perfect for families looking for an additional income source or those seeking a flexible business that doesn’t demand daily oversight. An ideal fit for a partner managing home responsibilities or for parents wanting to generate reliable revenue from a business with limited hassle.

Prime Toronto Location in Queens Quay: Situated in a bustling area, the store benefits from steady pedestrian traffic, providing a built-in customer base. With its high visibility, this location attracts both locals and tourists, ensuring regular footfall and strong sales potential.

Part of Canada’s Largest Vaping Brand: As part of the largest vaping brand in Canada, this store is backed by a solid reputation and customer loyalty, meaning the new owner can benefit from established brand recognition without needing to start from scratch.

Turnkey and Easy to Operate: This business is fully furnished and equipped with displays, a POS system, and secure facilities, ready for immediate operation. A true turnkey setup, it offers a "walk-in and earn" model that’s ideal for families or first-time business owners looking for passive income.

Low Maintenance, Passive Income Potential: Streamlined operations mean minimal daily management and staffing requirements, making this store a suitable option for families and others looking for a low-maintenance business that generates a passive income.

Financials:
Consistent, Profitable Revenue: Steady year-over-year sales. Financial statements are available upon request for serious inquiries, showing a reliable income stream that fits the profile of a low-risk investment.

Additional Information:
An excellent fit for families seeking a profitable, low-maintenance business in Toronto with reliable additional income. Also ideal for newcomers looking to establish themselves in Canada with a business already thriving in a prime location.

Property Information

Real Estate:

Lease

Lease Terms:

The store has a favorable lease with 3 years remaining, plus an option for a 5-year renewal, providing long-term stability and flexibility for the new owner. The lease is competitively priced for the Queens Quay area, ensuring manageable overhead costs. Annual lease fees breakdown is available upon request.

Leasehold Rent:

$33,000 (CAD) per annum

Location:

Prime location in Toronto’s bustling waterfront area. The store benefits from high foot traffic from locals and tourists alike, with a convenient parking lot right in front, making it easy for customers to stop by. Surrounded by residential and commercial buildings, this location ensures consistent customer flow and strong visibility in a highly desirable area.

Premises Details:

The store occupies a well-designed retail space that maximizes customer engagement and product visibility. Modern displays, ample lighting, and a comfortable layout enhance the shopping experience. The unit includes a fully operational POS system, security setup, and professional signage. The premises are move-in ready, making it a turnkey opportunity for the new owner.

Size in square feet:
564 sqft

Business Operation

Expansion Potential:

The franchisor is actively exploring innovative options, such as "buy in-store, delivered to your home" services, which could enhance customer convenience and broaden the store’s reach. Other growth opportunities include expanding the product range, implementing delivery services, and leveraging digital marketing to attract a wider customer base. With its prime location, high foot traffic, and established brand loyalty, this store has significant potential for increased revenue and business growth.

Competition / Market:

As part of Canada’s largest vaping brand, the store enjoys strong brand recognition and customer loyalty. There is minimal direct competition in the immediate area, allowing it to stand out as the preferred vaping store along Queens Quay and Lower Simcoe. The brand’s reputation supports steady business flow without extensive marketing efforts.

Reasons for selling:

The current owner, a professional accountant, is shifting focus back to their core field and is ready to pursue new opportunities within the accounting profession. While the vaping store remains profitable and has significant growth potential, the owner’s commitment to their primary career path has prompted the decision to sell. This creates an excellent opportunity for a new owner to take over a successful, established business in a prime location.

Trading hours:

Mondays to Saturdays 10 am to 9 pm, Sundays 11 am to 7 pm

Employees:
2.5
Years established:
2017

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Available upon request

Other Information

Support & training:

The franchisor offers comprehensive training to ensure a smooth transition for the new owner. This includes in-depth training on product knowledge, POS system operation, customer service best practices, and marketing strategies. Ongoing support is available from the franchisor, including access to brand resources, new initiative rollouts, and marketing materials. Additional on-site training and support from the current owner can also be arranged to help the buyer get fully acquainted with daily operations.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

We are offering flexible financing options to support qualified buyers. For the inventory amount, we are willing to provide 100% Vendor Take-Back (VTB) financing with no interest for the first 3 months, making it easier for the new owner to manage initial cash flow. Additionally, we are open to discussing VTB financing on the sales price for qualified buyers, offering a supportive transition into ownership. Please contact us for further details on these financing options.

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.