Colorado Cannabis Dispensary in Prime Location with Strong Net Income

CannaMLS ID: 4913
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Price: $3,499,000


Listing Details


Listing Category
Dispensary

License Status
Municipal / local license granted
State / annual license granted
Dispensary

Medical
YES

Adult Use
YES

Price: $3,499,000

Listing Status: For Sale

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 $2.95 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. Recently rebranded the store and updated the retail area.Seller willing to train new owner. NDA and POF required.


Listing Details

Listing Status
For Sale

Location
Colorado 11111

Date Listed For Sale:
3/13/2021

Date Last Updated:
10/8/2021

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
4000 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$3,499,000

Property Lease Rate
$8,500/month

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