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No Competition Torch Lake Niche Area Locally Owned Dispensary

7957 East State Street, Central Lake, MI, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 905512

Listed On January 29, 2026 View Count 286

Listing Updated January 29, 2026

Price :
$1,500,000
Business Overview :
Gross Revenue:
$610,000
Year Established:
2021
Number of Employees:
4
Inventory Included:
Yes
Estimated Value of Inventory:
$1,700,000
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$100,000
Outstanding Liabilities & Debts:
No
Growth and Expansion Opportunities:
Our village loves us, and the owner has the option to purchase Pattons Barber Shop, and also owns the corner lot. The owner has proven if you build it, and care about your community, they will come and be grateful!
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
License Activities:
Retail / Dispensary
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Facility & Tenant Improvements:
Historic building renovated with a 1000sq ft adult use dispensary operating and surviving as a small business thru the winds of industry change. Upstairs features a 2 Bedroom,, 2 Bath fully furnished apartment upstairs for owner, operator or even in rental you can rent the apartment $2500/month with and generating even more income in the summer as a short term rental.
Number of Parking Spaces:
8
Power:
100 AMPS
Utilities:
Electricity, City Water, Sewer
Terms :
Financing:
Cash
Broker Co-Op:
No
NDA Required:
Yes
Support & Training Offered:
We will happily train you on our technology inventory management system so you can hop right in. We have passed every audit for over 4 years and have a clean tight system of operating with low maintenance on the owner/operator.
Reason for Selling:
Starting new businesses that align as the owner has grown in founding this amazing business.. Our community loves us, and we've built our following where we can do so much more if we let this gem go. Now you get to! NOW is YOUR time :)
Company Overview :
Description :

The owner drafted the ordinance and took it to the people to vote, and the people allowed only 1 dispensary after having options for multiple operators in our area.  After building a great book of business of loyal customers who put quality and love as a priority over profits, this location is primed and ready for an operator who truly cares about providing safe cannabis in our local community.    License, Real Estate and Inventory included in asking price. Serious inquiries only, you will need to complete our NDA and put a $5000 deposit down to see our numbers and talk business.  Low ballers can stay home, this isn’t a fire sale!

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