Unique opportunity to acquire a Fully Turn Key Cannabis Retail Storefront business in the highly sought after state of Massachusetts! This business is strategically located in a tri-state area where Connecticut, Rhode Island and Massachusetts meet. Rhode Island and Connecticut do not have recreational dispensaries yet, bringing plenty of tourism from those states. The shop was designed to handle high volume, with 5 POS terminals in place and ample parking on site. The seller maintains good relationships with their vendors which allows for low cost inventory. These relationships, the brand and book of business would be passed on to the new operator along with an experienced staff. There is a lot of upside to this shop and with the right management team revenues and profit can increase significantly.
Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Adult-use Retail Storefront License
Real Estate Included in the Sale (Real Estate Value Approx 2.5M)
Space: 3,200 Sq Ft Purpose-built Retail Facility
Lot Size: 2 Acres
Over 50 parking spaces.
5 POS stations
Currently doing $250,000 in gross monthly revenues!!
# of Employees : 7
Inventory and Equipment: $250,000
Brand and Book of Business included in the sale
Asking Price: $5,900,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Jeff Similien, MA License #CN200323
If you have any questions Call Drew at (619) 653-0483
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary.
This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.