Licensed marijuana retail shop for sale in Seattle

Seattle, WA (King County)

Licensed marijuana retail shop for sale  in Seattle
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Asking Price: $1,400,000

Cash Flow: N/A

Gross Revenue: $1,315,000

EBITDA: N/A

FF&E: N/A

Inventory: $85,000*

Rent: $2,157,600 /Month

Established: 2016

*not included in asking price.

Licensed marijuana retail shop for sale in Seattle

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Business Description

Licensed marijuana retail shop in Seattle for sale!!!

This is a licensed I-502 marijuana retail shop. The shop offers low-entry point to a marijuana shop located in one of the hot spots in Seattle (Highline/White Center). The shop is a turn-key including long-term lease (10 years remaining with 10 years option), FE&E, employee, vendors, and customer lists. The store operated as an employed run shop that has a high potential. There is room to expand the store size and/or purchasing of the property. In addition, the 600 units+ brand new apartment was just completed within the walking distance (more potential customers). All figures are actual and financial available with a proof of fund and NDA.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
464
Lease Expiration:
3/31/2028
Employees:
6
Facilities:
Leased
Competition:
Steady established marketplace
Growth & Expansion:
High growth potential with size expansion and more inventory injection.
Support & Training:
Owner will provide 4 weeks of support, key employees willing to remain including the GM.
Reason for Selling:
Owner is moving to other business and need to move to California.
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Business Listed By:
Jay Lee

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