Price: $2,000,000 (Building available for purchase from Landlord $675,000)
2018 (through November) Gross Revenue $1,454,000 with a net of $248,000.
2019 Gross Revenue $1,730,000, net $283,000
Two Family members pulled approximately $180,000 in salaries, Combine salaries, and net you get a 19.8% profit margin. 2016 had similar numbers
This is one of the oldest and most respected medical marijuana businesses in the Colorado Springs area. Extensive remodel in 2010, high-end finishes make this dispensary one of the nicest in the area. Financials, pictures, and additional details available to qualified buyers.
Licenses:
Medical Marijuana Center (MMC)
Optional Premise Cultivation (OPC)
Patient Count: 295 Patients
Plants: Flowering: 350 (approximate), Veg: 700 (Approximate)
Grow assets:
- 53 X 1000 watt Gavita light fixtures for flowering
- 12 X 1000 watt HPS lights for vegetative (veg) phase
- 8 X 360 watt T5 fixtures in veg
- 4 X 315 watt LEC fixtures in veg
- CO2 gas delivery system with all fire department-mandated controls
- Reverse Osmosis System, Growonix GX Series with 2 X 300 gallon holding tanks
- 32 ½ tons of cooling capacity
- Cameras and motion detectors covering every room
Medical Marijuana Center Assets:
- Front desk area: 2 desktop computers, 2 card scanners, printer
- Point of Sale desk: 2 touch screen monitors, 2 label printers, 2 bar code scanners
- 4 product refrigerators
- 3 non-refrigerated display cabinets
- 50 inch TV and sectional sofa
- Break room: Storage shelves, refrigerator, camera monitors, computer
- Secure closet with floor-mounted job boxes to secure products
- Extensive security system, including cameras, motion detectors, panic alarm buttons, and remote entry button at front door.