Profitable Medical Marijuana Store Business Listing #22-18
Price: $3.2 million for business only + $1.8 million for the property, includes two lots
Type of license: Medical marijuana store (MMC)
Located near downtown Colorado Springs!
One of the most profitable medical marijuana stores in Colorado Springs.
Looking for a successful medical marijuana store located in the heart of bustling Colorado Springs? Look no further; this is the store for you!
Lease: The seller also owns the property. Lease terms are negotiable.
Revenues:
2020: $2,064,630
2021: $2,572,237
2022: $1,800,000
*The difference in revenue between 2021 and 2022 is the fact that the revenue in 2022 was generated 100% without a grow.*
Profits:
2020: Net income $581,719
2021: Net income $1,180,186
2022: Net income $470,000
Employees: Two employees and one manager who desire to stay on.
Financing: The seller would be open to owner-carry financing with a substantial amount down.
Specifications: At this location, there are always approximately 40 different types of marijuana strains available.
Layout: The facility is 1,200 sq. ft. with room for expansion.
Expansion: A modification of premises has been submitted and approved for interior expansion to add two more points of sale. This could potentially raise the average to 80 strains at all times.
Additional Information: Located in downtown Colorado Springs and in one of the best locations with constant high volumes of traffic, great parking and easily accessible from the highway. On average, 7,500-plus cars drive by this location daily. One of Colorado Springs’ most renowned medical marijuana stores.
Acquire A Thriving Medical Marijuana Store With Experienced Legal Guidance
Are you considering investing in Colorado Springs’ medical marijuana industry? This established, profitable dispensary in a prime downtown location presents a unique opportunity. However, acquiring such a business involves complex legal considerations.
At the Law Offices of Clifton Black, PC, we are knowledgeable in facilitating medical marijuana business transactions. Our experienced team can assist you with:
- Navigating the purchase of both the business and property
- Understanding and implementing the approved expansion plans
- Ensuring a smooth transition of licenses and permits
- Compliance with all relevant medical marijuana regulations
We understand the importance of discretion and professionalism in the medical cannabis sector. Our goal is to provide comprehensive legal support, allowing you to focus on maintaining and growing this successful operation.
To discuss how we can assist you with this significant investment, please contact us at 719-328-1616 or through our secure online form.