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    For Sale - 1642 Merivale Road Unit# A01010A, Meadowlands - Crestview and Area, Ontario

    Est payment $715/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Established vape retail business with a strong customer base in a busy mall.
    • Turnkey operation ready for owner-operator or small family team.
    • Compact store requires minimal staffing with manageable hours.
    • Long-term lease offers security with options for extension.
    • All fixtures and equipment included, inventory separate for purchase.




    Established specialty vape retail business for sale at merivale mall, 1642 merivale rd, a busy community shopping centre anchored by farm boy, marshalls, shoppers drug mart and sport chek, alongside cibc, td, planet fitness and a strong mix of daily-needs retailers. Now into its third year and profitable, this compact, turnkey operation is well suited to an owner-operator, a small family business or a lean team. The store keeps regular mall hours, with the busiest sales from late morning through evening, and can be managed by one team member at a time. The premises are an approx. 319 sq ft unit within an established shopping centre with ample on-site parking. The ten-year lease began in 2024 and runs to approx. 2034, plus one 5-year option to extend, providing long-term security of tenure. Subject to conditions, the lease includes a tenant early-termination right after year five if the sale of the store's principal products becomes unlawful due to a change in ontario legislation. Leasehold improvements, fixtures and equipment are in place. Inventory is not included in the list price; it is to be purchased in addition, based on a count taken the evening before closing. Buyer to assume the existing lease, subject to landlord approval, and to pay any administrative or transfer fees charged by the landlord. Buyer to assume, or apply for at its own cost, all licences, permits and registrations required to operate the business, including specialty vape store registration with ottawa public health. The lease, financial statements and further details are available to qualified buyers upon signing a confidentiality agreement. Please do not approach staff or the business directly.
    Listing IDX14095096
    Address1642 Merivale Road Unit# A01010A
    CityMeadowlands - Crestview and Area, Ontari…
    Price$149,000
    Bath1 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public TransitHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: ROYAL LEPAGE INTEGRITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1642 Merivale Road Unit# A01010a
    Meadowlands - Crestview and Area , Ontario
    1 $149,000
    Get more info