Posted on July 28, 2022 / 147Listing ID: 433367APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $800,000
Status : ACTIVE
Size : 4500
Cannabis or Hemp Use Allowed? : Cannabis
Current Cannabis Business License? : YES
License Type : Recreational, Medical, Medical & Recreational
Sale Type : Cash, Owner Financing
Company Name : Green Life Business Group, Inc.
Phone : 8586333013

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.

Details:

-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)

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: $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 : nationwide@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 (Local Broker) via the Green Life Business Group National Affiliate Program.

 

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Cannabis & Hemp Banking
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