Marijuana Recreational & Medical Retail Store & Grow Operation- So Front Range CO
Once you submit an NDA, as long as you have a net worth over $1.5M, I have been given permission to send you the Detailed Sales Package which includes Full Financials and a Video Walk Through of the Facility and Interview of the Owner. Thank you, Jeff.
Recreational & Medical Marijuana Retail Store and Recreational & Medical Grow Operation
South Front Range Colorado
Unique opportunity in growing fast paced cannabis industry. Located in a picturesque town in Southern Colorado, with one of the best high traffic Recreational & Medical Stores. The business is profitable and top and bottom lines continue to grow.
The business has a turn-key cash-flow positive retail store, an indoor grow operation that has room to expand an additional 18,000 plus square feet. Growers can expand their grow operations and grow much less expensively than in the Denver Metro area. The building cost is half of the cost in the Denver market, labor is available and reasonably priced, and the building is practically custom suited to a large indoor grow operation. The building has insulated walls, covered truck bays, very high ceilings, and upgraded electrical. The market conditions in this location are extremely favorable for a tier 3 low cost indoor grow operation.
The price for the retail operation has been lowered to 950K plus inventory from 1.4M plus inventory. Inventory is estimated to be 100K. The building is being offered at 1.95M and the seller will not sell one without the other being sold.
The cannabis business is well-known and established in the industry and market a wide selection of medical and recreational products from the largest brands in Colorado.
This business has many long-standing customers and referral relationships which means Recurring Revenue which always supports a higher multiple. This business will not change after the sale based on their reputation and location. They maintain very high ratings in both Weedmaps and Google with very positive comments.
The owners are retirement age and is selling due to retiring.