An established, profitable specialty vape retail business for sale at Merivale Mall, 1642 Merivale Road, Ottawa. Now into its third year, this compact turnkey store suits an owner-operator, a small family business or a lean team, and is offered at $149,000 plus inventory.
| Address | Merivale Mall, 1642 Merivale Road, Ottawa (Meadowlands–Crestview), at Viewmount Drive |
| Type | Specialty vape retail business (sale of business, without property) |
| Price | $149,000 plus HST; inventory purchased in addition |
| Premises | About 319 sf retail unit with its own exterior entrance, one washroom, air conditioning |
| Lease | Ten-year term from 2024 to about 2034, plus one five-year option to extend |
| Staffing | Run by one team member at a time |
| Hours | Regular mall hours; busiest late morning through evening |
| Possession | December 1, 2026 (30 to 59 days) |
| MLS® | X14095096 |
About the business
This specialty vape store has completed two full years and is profitable into its third. It is a compact, low-overhead operation that one team member can run at a time, so it works well for an owner-operator or a family looking to buy a business in Ottawa they can manage themselves. The store keeps regular mall hours, and most sales come from late morning through the evening.
Leasehold improvements, fixtures and equipment are in place, so a new owner can take over without a build-out.
Location: Merivale Mall
Merivale Mall is an established community shopping centre on Merivale Road in Ottawa’s Meadowlands–Crestview area, anchored by Farm Boy, Marshalls, Shoppers Drug Mart and Sport Chek, with CIBC, TD, Planet Fitness and a strong mix of daily-needs retailers. The unit has its own exterior door near the middle of the east side of the building, with ample on-site parking and public transit close by.
Highlights
- Profitable business, now into its third year
- Turnkey: leasehold improvements, fixtures and equipment in place
- Can be run by one team member at a time
- Long lease term to about 2034, plus a five-year option to extend
- 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
- Busy, anchored shopping centre with ample parking and nearby transit
Who it suits
An owner-operator, a small family business or a buyer who wants a lean operation with minimal staff.
Terms of sale
- List price $149,000 plus HST.
- Inventory is not included in the list price. It is 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 needed 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 after signing a confidentiality agreement.
Please do not approach staff or the business directly. All inquiries go through the listing brokerage. Interior photos are not shown, in keeping with the rules on displaying vapour products. Square footage is approximate.
Request details
To request the confidentiality agreement or ask a question, call Mitch Gauzas at 613-302-5752 or use the request form on this page. See more retail real estate in Ottawa or browse current commercial listings.