Great opportunity to acquire a turnkey operational cannabis storefront! This is a Michigan-licensed, full-service recreational cannabis retail business that is currently generating revenue & has a cultivation tenant in one of the units bringing in additional monthly income. The dispensary has implemented curbside pick up and has established a loyal clientele of customers and patients. This opportunity includes all licenses, inventory and curb-side pickup ability for customers. The business has plenty of upside growth potential with additional units that can be used to host events and pursue a production license or add a cultivation license!
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 turnkey business.
-Retail Space: 4,500 sq. ft.
-2021 Gross Sales: $1.3M
-2022 is seeing 56% margins & on track to Gross $1.45M!!
-New website & app
-Employees: 7 Full Time
-Recreational and Medicinal
-Licensed both at Local and State Level
-Brand, Book of Business and inventory included in the sale!
-Seller is open to Management Service Agreement (MSA)
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: $800,000.00 (Seller Open To ALL Offers)(MSA Option)
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 : firstname.lastname@example.org
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