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($799,000) Operational and Profitable Recreational Dispensary (Bangor Township)

3392 South Huron Road, Bay City, MI, USA
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  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 689340

Listed On March 15, 2024 View Count 588

Listing Updated July 24, 2024

Price :
$799,000(Price Reduced)
Business Overview :
Gross Revenue:
$2,000,000
Growth and Expansion Opportunities:
Operational Store, Newly Renovated 2023 Sales - $2m+ 2023 Gross Profit - $800,000 Includes the Real Estate Hard Corner with Multiple Curb Cuts 25+ Parking Spaces
License Details :
License Status:
Active – Current
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Size:
2,000 Sq. Ft.
Lot Size:
.5 Acres
Terms :
Financing:
Cash, Owner Financing
NDA Required:
No
Company Overview :
Description :

Take a look at this chance to purchase this beautifully renovated operational dispensary that includes the real estate. In 2023 the store did approximately $2M in total sales with a very competitive gross profit of $800,000.00. The store is situated on a hard corner that gets over 6,500 cars a day. With multiple curb cuts and over 25 parking spaces, this 2,000 SF turnkey store is perfectly suited for a retail operator.

The $799,000 purchase includes the real estate, license, business and all of the good will. The store has anywhere between $200,000 – $300,000 in inventory that can be purchased at cost. The seller is offering 50% seller financing for qualified purchasers at market interest rates and terms.

Listing Highlights

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