Posted on March 19, 2023 / 61Listing ID: 535905APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $3,265,000.00
Cannabis or Hemp Use Allowed? : Cannabis, Cannabis and/or Hemp
Current Cannabis Business License? : Yes, Active and Open
License Type : Recreational
City Tax Rate : 0%
Year Built : 2020
Sale Type : Cash
Company Name : Sweet Relief Shop LLC
Phone : 2079305430

Leading Licensed Cannabis Dispensary in the State of Maine.

Awarded one of the first two retail store permits in the state, on September 9th, 2020.

Adult Use Retail License for (21+ Sales)

Currently open and operating a turn key Adult Use Dispensary.

Large and Loyal customer base, with over 2+ years of sales history.

Centered in Maine’s Mid-Coast Region, directly on Rt. 1, on a 1 acre commercial lot.

One property, no loans, husband and wife owner/operators, with 3 structures on property.

1) Retail Dispensary, with a separately licensed Department of Agriculture approved Bakery/Kitchen, as well as a Legal Residence. The current shop is legally able to house employees/manager!

2) The “Barn” could be turned into a shop to create a large store, or a smoke lounge.

3) Quality stand-alone office/break room, could also be turned into a smoke lounge.

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The origins of this business began in 2015, first as a licensed medical grower. As the legislature permitted small growers to open up their own medical stores in 2018, we garnished one of the earliest town backed approvals from the Northport Planning Board to open a medical storefront, which became Grandfathered at that time, along with municipal approval. On September 9th, 2020, Sweet Relief Shop LLC was granted one of the first two recreational store permits in the state. Please visit our website to see the publicity we recieved. Now we have fully transitioned into recreational retail.

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This is an exceptional Fast Track opportunity to easily step in and take over an existing turn key, profitable, cash flow business from day one. We have exclusives with many of Maine’s top growers/wholesalers with a protected territory. The business fronts 220′ feet on Rt.1, which is one of Maine’s major thoroughfares, where traffic abounds on the way to and from Arcadia National Park. With the buildings and property being owned, there will never be a worry with future lease and/or landlord problems. 
 

The Adult Use Dispensary License is held in LLC entity.

Sole proprietorship. Sole Member.

Offering:  Acquisition of % of entity that owns license, hand over operations and with a long-term lease or sale of the property. I offer 75-100% of the license holding LLC entity for cash acquisition. The acquisition of the entity holding this license would simultaneously trigger a lease agreement for the property, if the acquisition is not a 100% takeover. I would like to structure a standard 10 year with two 5 year options on the property NNN (triple net).

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Must show commitment to property, and protecting this company for the long term if there is not a complete buyout, including ownership of the property.

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Contact Listing Owner
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