Brand it your way: High- High Profile, Turkey Cannabis Location
Business Description
Established Cannabis Retail Business with Multi-Location Expansion Rights
This prime cannabis retail opportunity offers an established operation with exceptional growth potential in Victoria's thriving market. Founded in 2016, this business combines a strategic high-traffic location with valuable licensing rights for significant expansion opportunities.
Key Financial Metrics:
- Annual Revenue: $470,000
- Asking Price: $580,000
- Monthly Lease: $2,700 for 1,300 sq ft retail space
- Historical peak performance: $80,000+ monthly sales pre-legalization
- Established customer base with documented revenue history
Prime Location Benefits:
- High-visibility position on Victoria-Saanich border
- No direct cannabis competitors in immediate area
- Adjacent to busy 7/11 convenience store ensuring consistent foot traffic
- Convenient customer parking available
- Accommodating lease terms supporting business operations
Expansion Opportunity:
- Licensed for up to 8 retail locations throughout British Columbia
- Significant scaling potential with 7 additional store licenses available
- Established operational framework ready for multi-location deployment
- Strong foundation for provincial market penetration
Growth Strategies:
- Multi-location expansion using existing licensing rights
- Enhanced marketing and branding initiatives
- Product line diversification opportunities
- Online sales channel development
- Strategic partnerships and collaborations
- Improved operational consistency and customer service
Current Situation:
- Business experiencing temporary profitability challenges due to operational inconsistencies
- Owner retiring after successful six-year tenure
- Strong customer base and sales foundation intact
- Immediate opportunity to restore historical profitability through improved management
Comprehensive Training Support:
Seller provides 30 days of hands-on training covering operations, inventory management, BC cannabis regulatory compliance, and customer service protocols to ensure successful transition and operational excellence.
Flexible Purchase Terms:
Motivated seller offers traditional acquisition or alternative financing with $80,000 initial deposit option for qualified buyers.
This represents a rare opportunity to acquire an established cannabis retail business with proven market demand, prime location advantages, and exceptional expansion potential through valuable multi-location licensing rights in British Columbia's growing cannabis market.
This prime cannabis retail opportunity offers an established operation with exceptional growth potential in Victoria's thriving market. Founded in 2016, this business combines a strategic high-traffic location with valuable licensing rights for significant expansion opportunities.
Key Financial Metrics:
- Annual Revenue: $470,000
- Asking Price: $580,000
- Monthly Lease: $2,700 for 1,300 sq ft retail space
- Historical peak performance: $80,000+ monthly sales pre-legalization
- Established customer base with documented revenue history
Prime Location Benefits:
- High-visibility position on Victoria-Saanich border
- No direct cannabis competitors in immediate area
- Adjacent to busy 7/11 convenience store ensuring consistent foot traffic
- Convenient customer parking available
- Accommodating lease terms supporting business operations
Expansion Opportunity:
- Licensed for up to 8 retail locations throughout British Columbia
- Significant scaling potential with 7 additional store licenses available
- Established operational framework ready for multi-location deployment
- Strong foundation for provincial market penetration
Growth Strategies:
- Multi-location expansion using existing licensing rights
- Enhanced marketing and branding initiatives
- Product line diversification opportunities
- Online sales channel development
- Strategic partnerships and collaborations
- Improved operational consistency and customer service
Current Situation:
- Business experiencing temporary profitability challenges due to operational inconsistencies
- Owner retiring after successful six-year tenure
- Strong customer base and sales foundation intact
- Immediate opportunity to restore historical profitability through improved management
Comprehensive Training Support:
Seller provides 30 days of hands-on training covering operations, inventory management, BC cannabis regulatory compliance, and customer service protocols to ensure successful transition and operational excellence.
Flexible Purchase Terms:
Motivated seller offers traditional acquisition or alternative financing with $80,000 initial deposit option for qualified buyers.
This represents a rare opportunity to acquire an established cannabis retail business with proven market demand, prime location advantages, and exceptional expansion potential through valuable multi-location licensing rights in British Columbia's growing cannabis market.
About the Business
- Years in Operation
- 9
- Number of Employees
- 2
- Facilities & Assets
- The 1,300+ sq ft premises is fully equipped for seamless operations, with private washrooms, kitchenette, and secure cannabis storage compliant with regulations. Turnkey setup includes alarms, cameras, three safes, display cabinets, refrigerators, and retail fixtures. High-profile signage on the busy Burnside-Harriet corner, with owner open to changes. Secure long-term lease in exclusive Victoria-Saanich border area, kitty-corner to 7-Eleven, ensuring visibility and no nearby competitors.
- Website
- https://burnsidecannabis.ca/
- Market Outlook / Competition
- Step into a vibrant high-traffic location on the Victoria-Saanich border, with no direct competitors nearby and adjacent to a popular 7/11 for steady foot traffic. Pre-legalization sales topped $80K plus monthly, highlighting strong potential. Capitalize on the evolving cannabis market with strategic branding in this prime, low-competition area
- Opportunities for Growth
- Tap into significant potential with excellent visibility and accommodating lease terms. Invest in targeted marketing and branding to drive profitability. With approval for up to 8 stores, expand through new locations, product diversification, online sales, or collaborations. Build on a solid six-year base to thrive in Victoria’s growing cannabis industry
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,300
- Rent
- $2,700.00 per month
About the Sale
- Seller Motivation
- Previously highly profitable, the store is currently not turning a profit due to
- Transition Support
- Seller provides up to 30 days of on-site training for new owner and staff on operations, inventory, BC cannabis compliance, and customer service. This ensures seamless transition, helping restore past profitability and realize growth potential from day one in this venture with strong sales.
Listing Info
- ID
- 2409940
- Listing Views
Business Location
Listing ID: 2409940 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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