Amazing opportunity to acquire a Turn-key Vertical Storefront that includes the property! The Storefront Dispensary is located in Central Lake, an area with no competitors nearby that is considered a high net worth seasonal tourist location surrounded by lakefront homes, most valued over $1M per home. The downtown storefront in nearby Central Lake offers significant exposure for brand building while establishing consumer loyalty. All fixed assets are included in the sale.
This is a great opportunity for someone who is looking to target a major cannabis market in Michigan, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry and acquire a turn-key business.
Details:
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Licenses: Central Lake – (1) Recreational Retail Storefront License
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Prime Real Estate locations & all fixed assets/equipment are included in the sale
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2021 Gross Sales: $100K gross sales in first 45 days!!
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2022 Gross Sales: $750K
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Employees: (5) employees which includes (2) salaried managers
Licensing:
Provisioning Center (PC): New Michigan legislation set up a framework for the licensing and operating of medical marijuana dispensaries, which Michigan refers to as “provisioning centers,” along with adult-use retail stores. It was announced that for the first 24 months, applications would only be accepted from currently licensed medical marijuana operators.
Asking Price: $2,200,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Elijah Simkins, MI LIC #P83975
If you have any questions Call Yesenia (858) 633-3013 Or Email asm@glbgroupinc.com
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.
