Posted on April 24, 2023 / 122Listing ID: 550359APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Banking
Price : $499,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 858-633-3013

This is a unique opportunity for a Dispensary located in the historic town of Fort Sumner, New Mexico. Currently it resides in an old west building built in 1910 that is a tourist attraction. It is located on Hwy 84 which is the direct route from Texas to Arizona! The sellers take pride in educating their customers about marijuana and its many therapeutic qualities. Even though they have only been operational for a year, this shop is also known to have the best quality cannabis products around and have exceptional records with their producers and manufacturers. The building can also be purchased for $40k!

 

Recreational marijuana sales in New Mexico totaled more than $400 million in the first year of regulated adult-use cannabis sales. New Mexico approved adult use sales in April 2022.

Details:

License: NMCCD Retail Storefront License
Space: 1,000 Sq Ft
Rent: $350/mo
Lease: 1 year left (Option to purchase the property for $40k)
2023 Gross: $38,798.00
2022 Gross (6 Months): $107,238.00
License is Free & Clear of debts & liabilities

List of assets included in the sale: 

ATM
Complete security system set up 
2 Microsoft Pro Tablets
Debit card processing
ID scanners
Label and receipt printers
Large safe
All decor, inventory, remaining business related needs not mentioned

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: $499,000.00 

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 

Michael Greene, DRE LIC NM# 8553

Yesenia Jimenez, DRE LIC CA# 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 a Local Broker via the Green Life Business Group National Affiliate Program.

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