Smoke & Cannabis Retail Businesses in Ontario

Explore smoke shops, vape shops, and cannabis retail businesses for sale in Ontario. Since legalization, cannabis retail has become a growing industry with many independent operators and licensed retail locations across the province.

Opportunities may include cannabis retail stores, smoke shops, and vape stores serving local communities with regulated products and accessories.

Smoke & Cannabis Retail Businesses for Sale in Ontario

Smoke & Cannabis Retail Businesses for Sale in Ontario

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  • 7D - 7398 YONGE STREET in Vaughan (Crestwood-Springfarm-Yorkhill): Business for sale : MLS®# N13797672

    7D - 7398 YONGE STREET Vaughan (Crestwood-Springfarm-Yorkhill) L4J 8J2
    Main Photo: 7D - 7398 YONGE STREET in Vaughan (Crestwood-Springfarm-Yorkhill): Business for sale : MLS®# N13797672
    $34,999
    Business
    Status:
    Active
    MLS® Num:
    N13797672
    Floor Area:
    436 sq. ft.
    VAPE SHOP - A RARE TURNKEY BUSINESS OPPORTUNITY ON YONGE STREET! An exceptional opportunity to acquire a well-established and fully operational vape shop located in a prime Yonge Street location within a very busy commercial plaza. This business comes fully stocked and ready to operate from day one, with a strong and loyal customer base, excellent visibility, and established sales. The shop carries a selection of top-quality products and well-known brands, helping drive repeat business and strong customer loyalty. With positive monthly cash flow and an established operation already in place, this is an excellent opportunity for an owner operator or investor looking to step into an income-producing business. Significant growth potential exists through expanded product offerings, stronger marketing, extended hours, and e-commerce opportunities, allowing the next owner to build an additional revenue stream beyond the physical storefront. Located in a high-traffic plaza on one of the GTA's most recognizable commercial streets, this is a turnkey opportunity with an established customer base, quality inventory, proven location, and substantial room for future growth. A fantastic lease term in place of only $2,600 + HST per month, all utilities included. (id:2493) More details
    Listed by RE/MAX WEST REALTY INC.
  • 3 - 136 GUELPH STREET in Halton Hills (Georgetown): Business for sale : MLS®# W13794292

    3 - 136 GUELPH STREET Halton Hills (Georgetown) L7G 4A5
    Main Photo: 3 - 136 GUELPH STREET in Halton Hills (Georgetown): Business for sale : MLS®# W13794292
    $189,900
    Business
    Status:
    Active
    MLS® Num:
    W13794292
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    1,020 sq. ft.
    YOUR SEARCH FOR THE PERFECT CONVENIENCE STORE STOPS HERE! HASTY MARKET - PRIME GEORGETOWN BUSINESS OPPORTUNITY! Excellent opportunity to own and operate a well-established, turnkey convenience store at 136 Guelph St, Georgetown, strategically located on a main artery with excellent visibility in a busy plaza with ample parking. Surrounded by established residential neighbourhoods, schools, parks, local businesses and major amenities, with Dominion Park nearby. Operating successfully for many years, this approximately 1,000 sq. ft. store generates strong monthly sales of approximately $48,000-$50,000, with additional income from ATM Approx. $300/month, Bitcoin Approx. $300/month and Western Union Approx. $200/month. Multiple revenue streams include Lotto, cigarettes, ATM, Bitcoin, slush machine, beer & liquor, Western Union and a wide variety of everyday convenience essentials. LOW RENT & LONG-TERM LEASE: Approx. $3,375/month including TMI & HST, with existing lease term of approximately 3.5 + 5 years, offering stability and long-term potential. A clean, well-maintained basement provides excellent space for storage, office use or staff lounge, subject to applicable permissions. Further growth potential may exist by adding a vape store, subject to licensing, approvals and landlord consent. A loyal customer base, strong location, attractive rent and multiple revenue streams make this an exciting opportunity for an experienced operator or first-time entrepreneur. MOTIVATED SELLER - PRICED TO SELL! DON'T MISS THIS RARE OPPORTUNITY! Buyer and buyer's agent to conduct their own due diligence. All information, financial figures, lease details and measurements are approximate and subject to verification. (id:2493) More details
    Listed by CENTURY 21 GREEN REALTY INC.
  • 2-3 - 68-78 MAIN STREET N in Halton Hills (Georgetown): Business for sale : MLS®# W13787444

    2-3 - 68-78 MAIN STREET N Halton Hills (Georgetown) L7G 3H5
    Main Photo: 2-3 - 68-78 MAIN STREET N in Halton Hills (Georgetown): Business for sale : MLS®# W13787444
    $279,000
    Business
    Status:
    Active
    MLS® Num:
    W13787444
    Major Bus.:
    Unknown
    Independent, legally licensed cannabis retail business for sale in a prime Georgetown location on Main Street. Established clientele, strong online presence and excellent sales. Owner-absentee operation generating approximately $7,500-$8,000/month in owner benefit/profit, as represented by Seller. Approx. 1,666 sq. ft. with lease until May 31, 2031 plus extension option. **Total rent approx. $6,700/month all-inclusive.** Inventory extra. Financials available to qualified buyers. Buyer/Buyer's Agent to verify all information. Operating business-do not approach staff. Showings by appointment only. Co-op commission reduced by 50% if Buyer is introduced or shown the business by Listing Agent. (id:2493) More details
    Listed by RE/MAX REALTY SPECIALISTS INC.
  • 1417 DANFORTH AVENUE in Toronto (Greenwood-Coxwell): Business for sale : MLS®# E13780182

    1417 DANFORTH AVENUE Toronto (Greenwood-Coxwell) M4J 1N2
    Main Photo: 1417 DANFORTH AVENUE in Toronto (Greenwood-Coxwell): Business for sale : MLS®# E13780182
    $299,000
    Business
    Status:
    Active
    MLS® Num:
    E13780182
    Major Bus.:
    Retail and Wholesale
    NS Market Convenience Store!! Franchise Business Has License To Sell Alcohol, Beer, Wine, Ciders, Cigarettes, Vape, Lottery (OLG) , Hundreds Of Thousands Spent On Brand New Store Buildout , New Equipment, Thousands Spent On Inventory, Ideal For An Owner-Operator / Investor Seeking A Franchise Business In A Prime Danforth Corner Location, Excellent Visibility, Strong Pedestrian Traffic, TTC Bus Stop Right Outside, Prominent Street Exposure!! (Rental Rate Is $5,500 + HST, Hydro $800 A Month, Gas $100 A Month) (Lease Term Is 5 + 5 Years). (id:2493) More details
    Listed by RE/MAX HALLMARK REALTY LTD.
  • 230 KENILWORTH Avenue N in Hamilton: Business for sale : MLS®# 40863303

    230 KENILWORTH Avenue N Hamilton L8H 4S2
    Main Photo: 230 KENILWORTH Avenue N in Hamilton: Business for sale : MLS®# 40863303
    $75,000
    Business
    Status:
    Active
    MLS® Num:
    40863303
    HOPE CONVENIENCE STORE in Hamilton, ON is For Sale. Brand new turnkey convenience store located at the busy intersection of Barton St E & Kenilworth Ave N in a prime, high-traffic location with excellent visibility and exposure. Surrounded by established residential neighbourhoods, schools, parks, retail stores, restaurants, local businesses, and major amenities, providing excellent customer traffic. Features approximately 3,100 Sq. Ft. with low rent of only $3,000/month. All equipment is included in the sale. Excellent potential to add a Vape Store and grow sales even further. Great turnkey opportunity for a new owner to take over and operate. (id:2493) More details
    Listed by HOMELIFE MIRACLE REALTY LTD
  • 230 KENILWORTH AVENUE N in Hamilton (Homeside): Business for sale : MLS®# X13782834

    230 KENILWORTH AVENUE N Hamilton (Homeside) L8H 4S2
    Main Photo: 230 KENILWORTH AVENUE N in Hamilton (Homeside): Business for sale : MLS®# X13782834
    $75,000
    Business
    Status:
    Active
    MLS® Num:
    X13782834
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    3,100 sq. ft.
    HOPE CONVENIENCE STORE in Hamilton, ON is For Sale. Brand new turnkey convenience store located at the busy intersection of Barton St E & Kenilworth Ave N in a prime, high-traffic location with excellent visibility and exposure. Surrounded by established residential neighbourhoods, schools, parks, retail stores, restaurants, local businesses, and major amenities, providing excellent customer traffic. Features approximately 3,100 Sq. Ft. with low rent of only $3,000/month. All equipment is included in the sale. Excellent potential to add a Vape Store and grow sales even further. Great turnkey opportunity for a new owner to take over and operate. (id:2493) More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
  • 3051 PHARMACY AVENUE in Toronto (L'Amoreaux): Business for sale : MLS®# E13761046

    3051 PHARMACY AVENUE Toronto (L'Amoreaux) M1W 2H1
    Main Photo: 3051 PHARMACY AVENUE in Toronto (L'Amoreaux): Business for sale : MLS®# E13761046
    $79,000
    Business
    Status:
    Active
    MLS® Num:
    E13761046
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    1,097 sq. ft.
    CONVENIENCE STORE WITH VAPE STORE in Toronto, ON is For Sale. Brand new convenience and vape store located in a prime, high-traffic location with excellent visibility and exposure. Surrounded by high-rise residential towers, established residential neighbourhoods, offices, retail stores, restaurants, and major amenities, providing excellent customer traffic. Features approximately 1,097 Sq. Ft. with rent of $5,033/month including TMI & HST. All equipment is included in the sale. Seller financing is available and training will be provided to the new owner. Excellent turnkey opportunity with great potential to grow sales even further. (id:2493) More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
  • 1 - 1341 KILLARNEY BEACH ROAD in Innisfil (Lefroy): Business for sale : MLS®# N13763226

    1 - 1341 KILLARNEY BEACH ROAD Innisfil (Lefroy) L0L 1W0
    Main Photo: 1 - 1341 KILLARNEY BEACH ROAD in Innisfil (Lefroy): Business for sale : MLS®# N13763226
    $149,000
    Business
    Status:
    Active
    MLS® Num:
    N13763226
    Major Bus.:
    Retail and Wholesale
    Excellent opportunity to own and operate an Established Convenience Store & Licensed Vape Store in a Great Community. Located within a well-established residential area, community centre and local schools. Strong year-round customers from large nearby residents, students, and seasonal traffic from cottages and recreational activities. Provides consistent everyday business. Seasonal activities such as Cottages, Boating and Ice Fishing. New & Improved road constructed. More new homes developed and continue to develop around the store. Excellent potential for continued growth and increasing sales. (id:2493) More details
    Listed by CENTURY 21 HERITAGE GROUP LTD.
  • 159 FIFE Road Unit# 3 in Guelph: Business for sale : MLS®# 40861202

    159 FIFE Road Unit# 3 Guelph N1H 7N8
    Main Photo: 159 FIFE Road Unit# 3 in Guelph: Business for sale : MLS®# 40861202
    $299,000
    Business
    Status:
    Active
    MLS® Num:
    40861202
    HASTY MARKET Convenience Store in Guelph, ON is For Sale. Located at 159 Fife Rd in a busy area surrounded by established residential neighbourhoods, schools, parks, local businesses, and major amenities. Operating since 2010 with strong monthly sales: $48,000–$50,000, Tobacco Sales Portion: 22%, Other Sales Portion: 78%. Additional income includes Lotto Commission: $2,200–$2,300/month, ATM: $250/month, Bitcoin: $300/month, Purolator & UPS Commission: $300/month. Features approximately 1,000 Sq. Ft., rent: $3,765/month including TMI & HST, Lease Term: existing 3.5 + 5 + 5 year. Excellent business with potential to add a Vape Store and U-Haul services, offering even more opportunity to increase sales and revenue. This Business is recently renovated with brand new shelves, Lighting, counter top, all coolers & brand new security system. (id:2493) More details
    Listed by HOMELIFE MIRACLE REALTY LTD
  • 3 - 159 FIFE ROAD in Guelph (Willow West/Sugarbush/West Acres): Business for sale : MLS®# X13754662

    3 - 159 FIFE ROAD Guelph (Willow West/Sugarbush/West Acres) N1H 7N8
    Main Photo: 3 - 159 FIFE ROAD in Guelph (Willow West/Sugarbush/West Acres): Business for sale : MLS®# X13754662
    $299,000
    Business
    Status:
    Active
    MLS® Num:
    X13754662
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    1,000 sq. ft.
    HASTY MARKET Convenience Store in Guelph, ON is For Sale. Located at 159 Fife Rd in a busy area surrounded by established residential neighbourhoods, schools, parks, local businesses, and major amenities. Operating since 2010 with strong monthly sales: $48,000-$50,000, Tobacco Sales Portion: 22%, Other Sales Portion: 78%. Additional income includes Lotto Commission: $2,200-$2,300/month, ATM: $250/month, Bitcoin: $300/month, Purolator & UPS Commission: $300/month. Features approximately 1,000 Sq. Ft., rent: $3,765/month including TMI & HST, Lease Term: existing 3.5 + 5 + 5 year. Excellent business with potential to add a Vape Store and U-Haul services, offering even more opportunity to increase sales and revenue. This Business is recently renovated with brand new shelves, Lighting, counter top, all coolers & brand new security system. (id:2493) More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
  • 160 GUELPH STREET in Halton Hills (Georgetown): Business for sale : MLS®# W13738194

    160 GUELPH STREET Halton Hills (Georgetown) L7G 4A6
    Main Photo: 160 GUELPH STREET in Halton Hills (Georgetown): Business for sale : MLS®# W13738194
    $249,000
    Business
    Status:
    Active
    MLS® Num:
    W13738194
    Major Bus.:
    Retail and Wholesale
    Profitable & Well-Established Convenience Store - Prime Georgetown Location! Excellent opportunity to own a turnkey, profitable convenience store in a highly visible standalone location on Guelph St. in the heart of Georgetown. Prime location directly in front of a high school with approximately 1,500 students, and neighbouring a UPS Store and Bar Burrito Mexican Restaurant. Strong year-round walk-in and drive-by traffic, surrounded by established residential and commercial businesses. Multiple revenue streams are already in place, including lottery, ATM, Bitcoin payment kiosk, U-Haul dealership, Ria Money Transfer, convenience merchandise, and growing beer & wine sales. The store features a brand-new Clover POS system for efficient and modern daily operations. Vape store permit included, providing an excellent opportunity of to add another revenue stream, subject to applicable regulations and requirements. Significant potential to increase sales through expanded vape products, specialty merchandise, grocery lines, and other high-margin convenience products. Ideal for an owner-operator or family business seeking established cash flow with room to grow. Favourable lease terms, loyal repeat clientele, excellent visibility, and multiple income streams make this a great turnkey opportunity. Do not go direct or speak to staff. Showings by appointment (id:2493) More details
    Listed by RE/MAX SKYWAY REALTY INC.
  • 16 - 3105 WINSTON CHURCHILL BOULEVARD in Mississauga (Western Business Park): Business for sale : MLS®# W13732384

    16 - 3105 WINSTON CHURCHILL BOULEVARD Mississauga (Western Business Park) L5L 1P5
    Main Photo: 16 - 3105 WINSTON CHURCHILL BOULEVARD in Mississauga (Western Business Park): Business for sale : MLS®# W13732384
    $199,000
    Business
    Status:
    Active
    MLS® Num:
    W13732384
    Major Bus.:
    Unknown
    Floor Area:
    1,409 sq. ft.
    Premium licensed cannabis retail business for sale in Mississauga. This established operation offers strong annual sales, a loyal and growing customer base, and attractive return-on-investment potential. Situated in a high-traffic plaza, the premises comprise approximately 1,409 square feet and licensed through the AGCO. The lease features competitive rent, with three years remaining plus one additional five-year renewal option. Please do not approach staff or the business directly. (id:2493) More details
    Listed by RE/MAX WEST REALTY INC.
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Data was last updated September 20, 2026 at 05:15 PM (UTC)

Types of Cannabis & Smoke Retail Businesses

Cannabis Retail Business FAQs

Are cannabis retail businesses legal in Ontario?

Yes. Cannabis retail stores operate under regulations set by the Alcohol and Gaming Commission of Ontario (AGCO) and must meet licensing requirements.

Can smoke shops sell cannabis?

No. Cannabis products must be sold through licensed cannabis retail stores approved by provincial regulators.

Are cannabis retail stores profitable?

Some cannabis retailers generate strong revenue depending on location, market competition, and product selection.

Thinking of Selling a Cannabis Retail Business?

If you are planning to sell a cannabis retail store, smoke shop, or vape shop in Ontario, submit your business details and connect with buyers searching for opportunities.

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