Fully Operational Cannabis Retail Dispensary For Sale (Colorado Springs, Colorado) #1614

Great opportunity to acquire a fully operational medical cannabis retail dispensary in Colorado Springs, Colorado. Established in 2016, this well-established dispensary has earned a strong reputation over its 8 years of operation and continues to thrive in a competitive market. Last year, the business generated $2.8M in gross revenue, and it’s on pace to reach $2M in revenue this year. With a solid customer base and consistent performance, this is a fantastic opportunity for those looking to enter or expand in the cannabis industry.

The dispensary operates out of a spacious 4,500 sq. ft. facility with a highly favorable lease rate of just $3,700/Month + NNN, offering excellent value for the location and space. The business is fully compliant with state regulations and holds the necessary licenses to operate in Colorado. Additionally, all inventory, equipment, and assets are included in the sale, making this a turnkey opportunity for the new owner. One of the biggest potential upsides is the possibility of regulatory changes. If the municipality allows for recreational cannabis sales in the future, the business stands to significantly increase its revenue. The current business model has already shown sustainability with medical-only sales, leaving plenty of room for growth if and when recreational sales are permitted. This is a rare chance to acquire a dispensary in a desirable market with proven success and a strong foundation for future expansion.

Revenues: 

2023 Gross Revenue: $2.8M
2024 Gross Revenue: On Pace to Do $2M
Details: 

Space: 4500 SqFt (3400 of Retail Space)
Rent: $3,700/Month + NNN
Lease: 5YR w/ 5YR Option
P.O.S: Greenbits (6 POS Systems w/ Debit Card Terminals)
Employees: 7
Parking Spaces: 10+
Training Provided by Seller: 30 Days
Wholesale Inventory: $150k
Safes: 3
1 ATM
13 Display Cases
3 Large Refrigerators
4 Small Refrigerators
Inventory on Hand at Changeover
All Packaging & Supplies at Changeover
Computers & All Office Equipment
2 DVR Systems w/ 24 Cameras
All Office and Other Furniture in Property
All Decorations in the Facility
Licenses: 

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
 

Asking Price: $1,500,000.00 (Seller Financing Available, w/ $750k Down!!!)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Ed Sadler, CO License #FA 100094411

Tom Milks, DRE CA LIC# 02064305

If you have any questions Call Tom (619) 972-5952 

Or Email : tom@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

National Affiliate Listings

This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.