Posted on October 15, 2022 / 78Listing ID: 462739APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $750,000
Status : ACTIVE
Size : 2,000
Cannabis or Hemp Use Allowed? : Cannabis and/or Hemp
Current Cannabis Business License? : YES
License Type : Medical
Sale Type : Cash
Company Name : VACOPR LLC
Phone : 787-688-1234

Great opportunity to acquire an approved cannabis Medical Cannabis DispensaryThe business is operational and current, and is license is located in a municipality in the South of Puerto Rico. The business sits on a 2,000 Sq. Ft. facility that has easy freeway access and is strategically near major floating market (boating weekenders and tourist). With very minimal advertisement the business has gained hundreds of new patients and a following of loyal returning customers. The business has plenty of potential to grow the business with untapped niche markets and delivery areas (Transport License not included) with the right approach.  

 

Plenty of room to grow for the right operator with very low operational costs. Great location in major area mall and high traffic. Fully build out with state of the art security system and secured inventory room. Additional (separate) storefront for non-medical products. Inventory included in the sale price. 

This is a great opportunity for someone who is looking to target a high traffic area, a multi-location operator or someone who is looking to enter the industry. 

The new owner would also benefit from limited new competition entering the market, with 1 currently active and 1 in progress. Puerto Rico recently announced a moratorium on new licenses for medical cannabis establishments that is in effect (2nd extension) until December 31, 2022, with the probability that it will be permanent.

Details:

  • Space: 2,000 Sq. Ft. (1,500 Sq. Ft. + 500 Sq. Ft. / 2 storefronts)
  • Rent: $3,000/Month (4 years left with 5 Year Option)
  • License: Medical Cannabis Dispensary storefront
  • Inventory Included
  • Employees: 3
  • P.O.S.: MJ Freeway
  • State of the Art Security System
  • Location: South Puerto Rico (coastal municipality) 

Gross Revenues: 

  • 2022 YTD Gross Revenues- Available Upon Request

 Asking Price:  $750,000.00 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. If you have any questions Call  at 787-6881234

Email : delta9pr@gmail.com.com

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