Extraordinary opportunity to acquire a fully operational Cannabis Hemp business situated in the heart of Amarillo, Texas. This boutique-style storefront is not just a business; it’s a meticulously crafted enterprise that is currently operational and poised for a seamless transfer to its new owner. What sets this opportunity apart is its unique owner-absentee model, designed to ensure a smooth transition once the new owner acquires the necessary license and finalizes the location. This streamlined approach means you can step into a thriving business without the immediate need for hands-on management, freeing up your time for other ventures or personal pursuits.

Despite being located in a more conservative area, this Hemp business has cultivated a strong reputation and enjoys full acceptance within the community. The groundwork has been laid with over $65,000 already invested in the buildout, licensing, and other essentials, making the transfer process exceptionally straightforward. As the new owner, you stand to benefit from the established brand, loyal customer base, and a proven track record of success. This comprehensive sale package includes the hemp license, brand assets, the existing book of business, and of course, the prime location itself. 

Details:

Space: 1,178 Sq Ft 
Rent: $1,700/ month includes NNN and Common Area maintenance
Lease Terms: Expires September 2024 / Month to Month After
Fully Built Out 
2023 Gross Revenues: $200k
Parking Spaces: 9
Inventory Value: $20k
Capital Invested: $65k 
POS System: EPOS Now
Number of Employees: 5  

Licenses:

 The new hemp law in Texas, established through HB 1325, permits the production, manufacture, retail sale, and inspection of industrial hemp crops and products. This law also requires hemp producers to obtain a license from the Texas Department of Agriculture (TDA).

Asking Price: $250,000.00 (Seller Open to Offers)

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

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions call Yesenia (858) 633-3013

Email: asm@glbgroupinc.com

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

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.