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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  • 391 LUMSDEN AVENUE in Toronto (Crescent Town): Business for sale : MLS®# E13174666

    391 LUMSDEN AVENUE Toronto (Crescent Town) M4C 2L6
    Main Photo: 391 LUMSDEN AVENUE in Toronto (Crescent Town): Business for sale : MLS®# E13174666
    $349,000
    Business
    Status:
    Active
    MLS® Num:
    E13174666
    Major Bus.:
    Food Services and Beverage
    Exceptional Opportunity to Own a One-of-a-Kind Grocery/Supermarket Business in Toronto! This unique supermarket-style grocery store has been successfully operated by the same owner for over 20 years and is now offered for sale due to retirement. Located in a densely populated area surrounded by numerous high-rise residential buildings, this is the only store in the neighborhood with virtually no direct competition.The business operates from a spacious 2,300 sq.ft with same size full basement, premises with plenty of exclusive parking spaces, providing excellent convenience for customers. Weekly sales are approximately $25,000, with cigarette sales accounting for less than 30% of total revenue, creating a strong and diversified income structure.Additional high-margin income streams include over $2,000/month from ATM and POS machine commissions, approximately $3,000/month in lottery commissions, plus extra revenue from parking rental and advertising income.Current rent is very reasonable at $5,600/month plus property tax of $1,500/month, with a secure lease in place until March 2030.This business still offers tremendous growth potential for a new owner, including opportunities to add Vape products and other profitable services to further increase revenue. A rare chance to acquire a stable, long-established, and highly profitable grocery business in a prime Toronto location with strong customer loyalty and excellent future upside. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC.
  • B5 - 1900 DUNDAS STREET W in Mississauga (Sheridan): Business for sale : MLS®# W13171130

    B5 - 1900 DUNDAS STREET W Mississauga (Sheridan) L5K 1P9
    Main Photo: B5 - 1900 DUNDAS STREET W in Mississauga (Sheridan): Business for sale : MLS®# W13171130
    $150,000
    Business
    Status:
    Active
    MLS® Num:
    W13171130
    Floor Area:
    1,430 sq. ft.
    ** SALE OF BUSINESS ONLY FRANCHISE OPPORTUNITY** Established Great Income Generated Cannabis Retail Store For Sale With a Large Regular Customers Base. Franchisor Willing To Trained, Be Your Owned Boss. Located in Plaza With Bar, Restaurants and Many Other Businesses. Plenty of Parking Spaces, Easy Access To Main Road and Highway. Closed To University of Toronto Mississauga Campus. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC.
  • 219 NONQUON ROAD in Oshawa (Centennial): Business for sale : MLS®# E13172072

    219 NONQUON ROAD Oshawa (Centennial) L1G 3S8
    Main Photo: 219 NONQUON ROAD in Oshawa (Centennial): Business for sale : MLS®# E13172072
    $329,999
    Business
    Status:
    Active
    MLS® Num:
    E13172072
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    1,800 sq. ft.
    Excellent opportunity to own a well-established turnkey convenience store in a prime high-traffic plaza at Taunton Road & Simcoe Street. Approximately 1,800 sq. ft. with ample customer parking and excellent visibility in a busy commercial plaza surrounded by high-density residential buildings and apartment complexes. Strong and consistent monthly sales averaging approximately $55,000-$60,000 with multiple income streams including cigarettes, beer & wine, grocery items, soft drinks, household products, candies, OLG lottery, ATM income and key cutting. Long-term lease in place with additional 5-year renewal option available. Current rent is approximately $4,850/month including TMI. Fully equipped turnkey operation with owned equipment included: walk-in cooler, commercial fridges, 4-door freezers, coffee machines, shelving, counters, POS system, and CCTV security system. Strong customer base with steady daily foot traffic. Excellent opportunity for family operation or owner-operator. Additional growth potential through expanded product mix and vape sales (subject to approvals/licensing). A dedicated area already set up for potential ice cream parlor use. A profitable and easy-to-operate business with stable revenues and excellent future upside in a growing Oshawa neighborhood. (id:2493) More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
  • 750 - 115 CHRISTOPHER DRIVE in Cambridge: Business for sale : MLS®# X13166650

    750 - 115 CHRISTOPHER DRIVE Cambridge N1R 6W2
    Main Photo: 750 - 115 CHRISTOPHER DRIVE in Cambridge: Business for sale : MLS®# X13166650
    $150,000
    Business
    Status:
    Active
    MLS® Num:
    X13166650
    Major Bus.:
    Unknown
    Great opportunity to own a well established "Thisel Cannabis" store and licensed Specialty Vape Store in a busy shopping plaza, Cambridge. No competitors within 5kms. Good income and lease. RSA expiry 2028. Financial information can be provided to serious buyer(s) (id:2493) More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
  • 37 BIRCH Street in Chapleau: Business for sale : MLS®# 40831631

    37 BIRCH Street Chapleau P0M 1K0
    Main Photo: 37 BIRCH Street in Chapleau: Business for sale : MLS®# 40831631
    $199,999
    Business
    Status:
    Active
    MLS® Num:
    40831631
    Established Convenience in CHAPLEAU is For Sale. Located at the busy intersection of Birch St/Lorne St. Very Busy, High Traffic Area and Popular Neighborhood Convenience Store. Surrounded by Fully Residential Neighbourhood, Schools, Highway and more. Excellent Business with Excellent Sales and more. There is opportunity to grow sales even more. This location has convenience store running for more than 10+ years. 2025 Weekly Sales: Approx. $21,000 , Grocery Portion: 50%, Tobacco Sales Portion: 20%, Beer and Wine :30% Lotto Commission: $50,000/yearly + VAPE STORE sale of $10,000/week. Store like this Won't Last. (id:2493) More details
    Listed by JVRE Realty Inc.
  • 1 - 6986 FINANCIAL DRIVE in Mississauga (Meadowvale Business Park): Business for sale : MLS®# W13139500

    1 - 6986 FINANCIAL DRIVE Mississauga (Meadowvale Business Park) L5N 8J4
    Main Photo: 1 - 6986 FINANCIAL DRIVE in Mississauga (Meadowvale Business Park): Business for sale : MLS®# W13139500
    $289,000
    Business
    Status:
    Active
    MLS® Num:
    W13139500
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    1,500 sq. ft.
    Fantastic Opportunity To Own A Profitable, Turnkey Convenience Store Located In A High-Traffic GTA Corporate & Business Hub! Unbeatable Plaza Location Anchored Directly Beside Major Employment Centers, Including Samsung Headquarters & RBC Regional Operations-Driving Massive Daily Foot Traffic & Office Professionals Right To Your Door. Exceptional Street Visibility, Lots of Parking & A Loyal Repeat Clientele. Featuring High Lotto Sales, Plus Beer, Wine, Cider & RTD Sales Boosting Grocery/Snack Basket Size. Unique Bonus: An Adjoining, Separately Accessed Vape Store, Allowing For An Expanded Product Selection. Low & Stable Gross Rent Of Only $7,350/Month With A Long Lease In Place. Fully Equipped Premises With A Huge Walk-In Cooler, Premium Shelving, Advanced POS & Full Security System. Massive Growth Potential Via Extended Hours & Marketing. Perfect For An Owner-Operator or Family Business In A Great Plaza Location! (id:2493) More details
    Listed by CENTURY 21 PROPERTY ZONE REALTY INC. and EXP REALTY
  • 260 VAUGHAN ROAD in Toronto (Humewood-Cedarvale): Business for sale : MLS®# C13139694

    260 VAUGHAN ROAD Toronto (Humewood-Cedarvale) M6C 2N1
    Main Photo: 260 VAUGHAN ROAD in Toronto (Humewood-Cedarvale): Business for sale : MLS®# C13139694
    $679,000
    Business
    Status:
    Active
    MLS® Num:
    C13139694
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    1,000 sq. ft.
    Very Profitable Centex Gas Station Business in a busy area of Toronto DT, Ontario. This family-oriented business offers a great opportunity with modern Wayne pumps providing all gasoline grades. Located in a high-density area with excellent road exposure, the station generates approximately $3.6 million in annual gas (very attractive fuel contract) volume. Yearly Inside revenue between $500K to $550K includes 30-35% from grocery sales (35%), 30-35% from tobacco, including vape (17%) and 25-30% beer/wine. Avg. 8% in lotto commissions. Additional revenue of ATM, Bitcoin, and Air-Pump. Most attractive low rent of $4522 per month (incl. TMI+HST) with 20 Yrs long lease available. Fuel Contract is of 10 Yrs with option to renew. (id:2493) More details
    Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC.
  • 01 - 1125 DUNDAS STREET E in Mississauga (Applewood): Business for sale : MLS®# W13135192

    01 - 1125 DUNDAS STREET E Mississauga (Applewood) L4Y 2C4
    Main Photo: 01 - 1125 DUNDAS STREET E in Mississauga (Applewood): Business for sale : MLS®# W13135192
    $105,000
    Business
    Status:
    Active
    MLS® Num:
    W13135192
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    2,200 sq. ft.
    Well-established convenience store operating for approximately 39 years at a prime Mississauga location on busy Dundas St E. Strong daily walk-in traffic with a loyal customer base. Clean and organized layout. Surrounded by high-density residential area, motel directly across the street, and long-term care facility next door. Business sale only - no property included. Store offers lottery (OLG), beer, wine, cigarettes, energy drinks, and general convenience store items. Additional income from ATM, Bitcoin machine, and OLG advertising. Potential to add vape products and expand product mix, subject to required licensing and municipal approvals and further increase revenues and returns. Leased retail area 1100 sqft total area 2200 sqft Lease per month is Net +TMI+HST. (id:2493) More details
    Listed by RE/MAX SKYWAY REALTY INC.
  • 13390 YONGE STREET in Richmond Hill (Oak Ridges): Business for sale : MLS®# N13125674

    13390 YONGE STREET Richmond Hill (Oak Ridges) L4E 2P6
    Main Photo: 13390 YONGE STREET in Richmond Hill (Oak Ridges): Business for sale : MLS®# N13125674
    $299,999
    Business
    Status:
    Active
    MLS® Num:
    N13125674
    Calling All Entrepreneur Business Owners! Prime Opportunity to Own a High Sales Volume & High Traffic (Next to Tim Hortons) Vape Shop For Sale in the Thriving City of Richmond Hill! Multiple Locations across the GTA. This Well Established Business has been in Operation for the past 5 Years occupying a strategic 1,100 sq feet of Retail Space + a Big Basement Storage in Mature & Well Known Neighbourhood of Richmond Hill. This Successful Business Benefits from High Visibility (Prime Street Exposure) & Consistent Foot Traffic with STRONG Weekly, Monthly, & Yearly SALES. With the Same Dedicated Family Owners Since 2019 Who Are Now Planning Retirement. Continue the same Profitable Business or Start Your Own / Rebrand! Surrounded by well Established Supporting Businesses. (id:2493) More details
    Listed by HOMELIFE FRONTIER REALTY INC.
  • 1 KING Street E in Hamilton: Business for sale : MLS®# 40829920

    1 KING Street E Hamilton L8N 1A1
    Main Photo: 1 KING Street E in Hamilton: Business for sale : MLS®# 40829920
    $119,000
    Business
    Status:
    Active
    MLS® Num:
    40829920
    Excellent opportunity to own a profitable convenience store at the high-traffic corner of King Street and James Street in downtown Hamilton. Surrounded by residential buildings and constant pedestrian and vehicle flow, this turnkey business attracts steady daily customers. Includes Bitcoin ATM, OLG , Navada machine, ice cream freezer, debit machine, ball pipe , and coolers for alcoholic beverages. Potential to expand the vape product line for additional income. Monthly rent is $5,500 (TMI included); tenant pays only for hydro, internet, phone, and insurance. Prime location with strong visibility—ideal for owner-operators or investors. (id:2493) More details
    Listed by Right at Home Realty
  • 801 DUNDAS STREET in Woodstock (Woodstock - North): Business for sale : MLS®# X13116134

    801 DUNDAS STREET Woodstock (Woodstock - North) N4S 1G4
    Main Photo: 801 DUNDAS STREET in Woodstock (Woodstock - North): Business for sale : MLS®# X13116134
    $158,999
    Business
    Status:
    Active
    MLS® Num:
    X13116134
    Major Bus.:
    Retail and Wholesale
    Location Location, Turnkey ready convenience store for sale in Woodstock, in a high demand area, This Corner unit, offers approximately 1900 sqft. Operating space with excellent visibility, Strong exposure on Dundas St, Surrounded by dense residential and commercial. Monthly Revenue approximately 47k to 50k. BUYER CAN ADD VAPE SHOP TO INCREASE SALES. "LANDLORD HAS APPROVED VAPE SHOP, "with Terms and Conditions. additional monthly commission around $3000 to $4000 from lottery sales. Currently there is no Western Union, Money Transfer. Lease 5 plus 5, monthly Rent of $ 6990 plus hst . Buyer can extend hours to increase sales, currently opening hours from 8AM to 8PM. Significant growth potential, add Hot food, add Soda fountain Machines, Slushy, add amazon locker, UPS/FEDEX Services. average sales 50k a month (id:2493) More details
    Listed by KING REALTY INC.
  • 389 BAYFIELD STREET in Barrie (Bayfield): Business for sale : MLS®# S13110092

    389 BAYFIELD STREET Barrie (Bayfield) L4M 3C5
    Main Photo: 389 BAYFIELD STREET in Barrie (Bayfield): Business for sale : MLS®# S13110092
    $170,000
    Business
    Status:
    Active
    MLS® Num:
    S13110092
    Major Bus.:
    Unknown
    Discover an exceptional opportunity to own a modern, turnkey cannabis retail business in a prime Barrie location near Bayfield St and Cundles Rd. Situated in a high-traffic commercial area with excellent visibility and ample parking, this well-designed 2,143 sq ft store offers a bright contemporary layout and a welcoming customer experience. Fully equipped and operating as an established franchise, this business is easy to manage and ideal for both experienced operators and new entrepreneurs. Strong surrounding residential density and consistent traffic provide excellent growth potential. A rare chance to acquire a stylish, ready-to-operate business in one of Barrie's busiest retail corridors. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC.
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Data was last updated May 29, 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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