Rare opportunity to own an established Dispensary, Distribution License and the Real Estate. The Dispensary is located at a very busy intersection and has been servicing consumers for 10+ years and has even been dubbed the counties most premier cannabis destination!
In 2018, the business did $2.65mil in Gross Sales and $5.9mil in 2019 from the Dispensary alone not counting the sales the Distribution License can bring in. All figures can be verified!
The shop has a solid team in place which handles almost everything from logistics, marketing, customer service and administrative tasks. This is a truly well managed business from A-Z, offering an easier transition for the new owner where the established foundation created can help the new owner scale the company.
Retail- Recreational (Adult Use) and Medical License issued for Retail Sales
Distribution- Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors.
Lot Size: 19,000 sq ft
Building Size: 995 sq ft
Medical & Recreational Sales Allowed
2018 Gross Revenue: $2.65mil
2019 Gross Revenue: $5.9mil
Real Estate Is Included in Price (Real Estate Appraised Normal Business $750,000, Asking $1M for Cannabis Business)
Asking Price $7.9M
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.