Posted on December 30, 2021 / 151Listing ID: 320521APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : Inquire for Price
Status : ACTIVE
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational

Newly operational, Cannabis Retail Storefront available for purchase! In the first 5 months of being open the business is generating great gross revenue numbers that continue to trend upward. The current owners are experienced retail operators with a successful track record in multiple states. The license allows for delivery capabilities, but the current operators are not taking advantage of that additional revenue stream. This turn-key sale includes the following: Inventory, Staffing, Security, Infrastructure, and more.

Business Highlights

  • Business is on track for $8,000,000 gross revenue in the first 12 months
  • Upside in Delivery Income
  • Storefront Revenue Trends on the Rise
  • Experienced Retail Storefront Operator
  • Great Parking

Real Estate Highlights

  • Lease rate: $2.50/sf + NNN
  • Term: 5 years, with two 5-year options
  • Demographics:
    • 5 mile population: 631,000
    • 5 mile household income: $110,843
    • Cars Per Day on Major Cross-street: 20,000+
State of the Art Grow Facility with Custom Built Home and 5 acres
Contact Listing Owner
Cannabis & Hemp Banking