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🌿 Thriving Cannabis Business in Prime DC Location – Turnkey Opportunity! 🌿

2206 18th St NW, Washington, DC 20009, USA
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  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 691890

Listed On March 21, 2024 View Count 107

Listing Updated March 21, 2024

Price :
$250,000
Business Overview :
License Details :
License Status:
Active – Current
Business Location Details :
Business Location:
Leased
Rent:
$867.23
Facility & Tenant Improvements:
Our cannabis business is committed to operating a modern facility that prioritizes safety, efficiency, and adherence to local regulations. We've carefully chosen a location that meets all zoning and regulatory requirements, ensuring convenience for customers while maintaining security. Our building layout is designed to optimize workflow, with separate areas for cultivation, processing, packaging, and retail to ensure quality control and prevent contamination. Security is paramount, with advanced systems and personnel monitoring the premises round-the-clock. Our cultivation area is equipped with climate control and sustainable technologies to create the best growing environment. Processing and packaging facilities are outfitted with state-of-the-art equipment to ensure consistency and quality. Our retail space offers a welcoming atmosphere with knowledgeable staff, prioritizing compliance with regulations. We're fully compliant with all regulations and prioritize engagement with the local community, seeking feedback and input. While our current facility meets our needs, we're prepared for future expansion to accommodate growth and market demands. In essence, our facility and operations are meticulously designed for safety, compliance, and a premium customer experience.
City Cannabis Tax Rate:
5%
Size:
2,553 Sq. Ft.
Utilities:
Electricity, City Water
Terms :
Financing:
Cash
NDA Required:
Yes
Reason for Selling:
From my perspective, when a business opts to sell as part of its expansion strategy, it usually signifies that the company has surpassed its existing capacity or resources. Selling becomes the preferred choice to facilitate continued growth. Expansion demands substantial investments in infrastructure, workforce, and technology, which might surpass the current owner's capacity or risk threshold. By selling the business, the owner can leverage the proceeds to finance expansion endeavors more effectively and explore fresh avenues for growth in various markets or industries. This strategic move enables the business to transition into a new developmental phase while maximizing its prospects for success.
Company Overview :
Description :

Welcome to an extraordinary opportunity to step into the lucrative world of cannabis in the heart of Washington DC! This established cannabis business boasts a successful track record spanning four years, with a remaining lease of two and a half years in a prime commercial location.

Key Highlights:

🔹 Proven Revenue: Over the past two years alone, this business has consistently generated an impressive average of $1.1 million in revenue annually, showcasing its stability and profitability in the burgeoning cannabis market.

🔹 Extensive Customer Base: With a robust data list boasting 10,000 members, this business has cultivated a loyal following and a strong community presence. These connections provide a solid foundation for continued growth and customer engagement.

🔹 High Traffic Location: Situated in a bustling area of DC, this cannabis business benefits from high foot traffic and visibility, ensuring maximum exposure and accessibility to potential customers.

🔹 Turnkey Operation: This business comes fully equipped and operational, ready for new ownership to seamlessly take the reins and capitalize on the existing success. From established supplier relationships to a well-trained team, everything is in place for continued prosperity.

🔹 Growth Potential: With the rapidly evolving landscape of cannabis legislation and consumer demand, there’s ample opportunity to expand and diversify offerings, further increasing revenue and market share.

Whether you’re an experienced entrepreneur looking to expand your portfolio or a newcomer eager to enter the thriving cannabis industry, this turnkey business offers the perfect opportunity to hit the ground running and achieve success from day one. Don’t miss out on your chance to own a piece of this flourishing market in the heart of the nation’s capital!

Listing Highlights

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