Colorado Cannabis Dispensary in Prime Location with Strong Net Income

CannaMLS ID: 4913
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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Is Leased:
Yes
Real Estate Is Included:
No
Has Buy-in Option:
No
Facility Is Built Out:
Yes
Has Room For Expansion:
Yes
Operations Are Needed:
No

This Cannabis Dispensary is located in a a heavily trafficked, retail area, in the Denver Metropolitan area, and is convenient and easy to reach.Well known and popular, it boasts a loyal customer base. Strong, effective management team produces a steady profit stream.  Gross revenue of $3.7 million. Retail Dispensary occupies only 1,500 square feet of 4,000 square foot building, allowing for room to expand or sublease income. Monthly rent of $8500. Plenty of parking for this attractive, modern facility.  Located between the city of Denver and the airport. Close to major highways, shopping centers, a sports event venue and other recreational destinations.  Easy and convenient to patronize.  While there is no cap on retail licenses for the municipality, zoning restrictions significantly limit new stores.  The dispensary is located in one of the fastest growing municipalities in the Denver metropolitan area.  The first permitted in its city, it has maintained strong revenue despite the opening of other dispensaries, due to focus on customer service and loyalty programs. Seller willing to train new owner. NDA and POF required.

Price: $4,199,000

Listing Status: For Sale

Details

Date Listed For Sale: 2/19/2020
License Type: Dispensary

Location: Commerce City, Colorado 80022

Recreational: Yes
Medicinal: Yes

Listing Type

  • Dispensary



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