Booming Cannabis Business in Popular Mountain Town

CO

Booming Cannabis Business in Popular Mountain Town

Asking Price:$5,300,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:$947,000

FF&E:N/A

Inventory:N/A

Real Estate:$2,000,000

Established:2010

Booming Cannabis Business in Popular Mountain Town

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Business Description

MED/REC CENTER, MIP AND OPC - 8 LICENSES TOTAL
REAL ESTATE INCLUDED: 10,000+ SF BUILDING

This medical and recreational cannabis cultivation and dispensary operation is the most established company in its area and is growing at 25% year-over-year!

This company has little competition and a moratorium in place to protect it from having any in the near future; the only way into this town is to buy. This town is a popular destination for tourists and the sales show it! The company has a Med MIP and wil soon have a Rec MIP. Additional cost savings will follow this valuable addition to the company.

The cultivation building is for sale and the store building has assignable right to buy! Owners assume general management roles and have trained employees to work autonomously.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
15-20
Facilities:
10,000+ sf bldg. 2400 total amps, 140 tons A/C. More details upon signed NDA.
Competition:
As you may know, most towns have moratoria in place prohibiting additional MJ stores from opening. This is no exception. This business enjoys the "walled garden" and is a cash cow for the foreseeable future. This is a growth industry and it is not showing any signs of letting up.
Growth & Expansion:
Rec MIP will drastically reduce costs on one of the biggest sales segments--concentrates and extracts.
Support & Training:
Owners willing to stay on for transitional period.
Reason for Selling:
Disclosed upon signed NDA.

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Business Listed By:
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The OConnor Group

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Sponsoring Broker:
John O'Connor

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