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502 Cannabis Retail 3 Stores along I-5 Washington State

Washington, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 714154

Listed On May 26, 2024 View Count 43

Listing Updated November 3, 2024

Price :
$4,000,000(Price Reduced)
Business Overview :
Gross Revenue:
$5,700,000
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
Business Location Details :
Business Location:
Leased
Rent:
$13,500
Facility & Tenant Improvements:
Lease terms and options are subject to negotiation. A right of first refusal (ROFR) to purchase real estate will be granted to buyer.
Size:
7,500 Sq. Ft.
Lot Size:
0.2 Acres
Terms :
Financing:
Cash, SBA, Owner Financing
NDA Required:
Yes
Reason for Selling:
Owner retiring to the east cost
Company Overview :
Description :

New price is less than 70% of trailing years sales. 3 operating 502 retail stores, all near I-5.  New store is one year old and other are 4-5 years old. Brokers protected.

Gross sale of 3 stores $5,700,000.

Net profit in 2021 $ 2,100,000

Stores rents $4000, $4800, and $5,000 per month.  5 year triple net lease with stores available to buy after 5 years at market price.

New Business! Fully Operational Cannabis Farm with Lab – Antioquia, Colombia

Washington D.C., DC, USA

Cultivation/ Production

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Skyline Properties, Inc.
License:WA11781

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