Listing ID : 896164
Listed On May 6, 2025 125
Listing Updated May 6, 2025
Listing Highlights :
Here is your rare chance to take over this operating and profitable dispensary in the heart of Eastern Michigan University’s campus/dorm district. This location is less than 500 ft away from Eastern Michigan’s main dorm site making it the closest dispensary to the major university. Not only is this site perfectly primed for foot traffic, it’s situated on one of the area’s most trafficked road.
This ~5,000 Sq/ft site was previously operating as a Microbusiness, however, it’s recently been granted a full recreational dispensary license in early 2025. The facility currently has about 2,500 Sq/ft of vacant space that can be used for expansion or rented out for small suites. The site is averaging a healthy $300k/mo in net revenue on a staggering 50%+ gross profit margin. With over 25+ parking spaces and healthy margins, this site has plenty of room for growth.
The Seller is an out of state owner, so the ideal scenario is a cash out however, for qualified purchasers they would be open to seller financing. This store is currently operating so please do not discuss any sale with any employees and do not stop by without scheduling a visit.
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