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Business Listing # 21-13


Type of License: Medical Marijuana Center License – Level 1

Retail Medical Marijuana Center License

“Largest Dispensary in Summit County”

 

Price: $5.5million. (2x blended gross)

Building Purchase Option : $2.4 million.

 

Lease:  Rent : $19,134 – Landlord is Marijuana Friendly. Real estate is available to purchase.

 

Revenues:

Sales in 2019 :  $3,343,605

Sales in 2020 :  $2,336,639.44 (Covid)

Sales in 2021 through July, are 17% higher than 2020 : $1,350,759

 

Profits:

Profits in 2019 : $309,742

Profits in 2020 : $125,036 (Covid)

Profits in 2021 through July: $108,188

 

Layout: 5,200 Square Feet on over an acre of land. Excellent Signage

Visible from Interstate, 12,000,000+ Vehicles per year (35,000 Vehicles Per Day)

Room for expansion 1000 sq feet in Garage Bay

 

Electrical: Single phase

 

Zoning:  DMV

 

Employees: 12 employees, 3 Managers

Employees most likely desire to stay on.

 

Financing Options: Negotiable

 

Additional Information: Has green light from Town for Consumption Lounge (HB20-1230)

 

Asset List:

  • 9 Computers/POS
  • 6 cash registers
  • 6 thermal Epson receipt printers
  • 6 Dymo label makers
  • 1 Mettler Toledo scale
  • 1 TL30 safe
  • 1 smaller employee safe
  • 1 cage 8ft x 8ft Product storage
  • 6 Storage cabinets
  • 3 Additional storage cabinets
  • 1 Packaging display
  • 10 Displays
  • 6 Tower displays
  • 5 hanging carbon scrubbers
  • 7 Grate hanger (for clothing apperal)
  • 4 Product display cabinet’s
  • 2 Printers

Law Offices of Clifton Black, P.C.