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Business Listing #21-3


Price: $1,300,000

Licenses:

  • Medical Marijuana Center (MMC) opened in 2010
  • Optional Premise Cultivation opened 2013
  • Room to expand

Renewal dates:

  • City of Colorado Springs November 29, 2020
  • State November 29, 2020

PLANTS:

Allowable plant count: 1500

Average number of plants: 520

Weekly harvest of 20 + lbs, hand-trimmed, custom drying racks

Financials:  2019 Sales – $815,000.   2020 Sales – $970,000

Layout:  9,000 sq. ft. total space.  5,000 sq. ft of grow space.  Facility has veg rooms and flower rooms, office, storage, and patient center.

Electrical:  3 phase power supplied by 3 main panels, upgraded service to the building.   Siemens Automation for lights, fans, and power.

Lighting: The lighting system upgraded with Duel ended 1000 watt HPS and 315 LEC (light emanating ceramic) CMH within the last year.

(94 DE.  24 LED.   9 SE.    55 CMH)

Employees:  2 Employees for MMC, 7 for OPC, 4 trimmers, 3 growers. Team wishes to stay on.

Other Assets:  3 computers, touch screen POS, 3 Safes, 2 Refrigerators, 1 Freezer, 3 printers, scanners, Cameras, 2 drying areas, dozens of fans, 40+ security camera system, equipped with motion sensors, glass break alarms, panic buttons, remote viewing and entry, extra tables, hoods, ballasts, and fans.

Lease:  Property is leased, monthly rate is $8,800 per month.  Lease expires at license expirations.  Currently year-to-year.  Water and trash included with lease.

   


Law Offices of Clifton Black, P.C.