This is an extraordinary opportunity to purchase a group of three fully operational cannabis dispensaries, each located in different counties in the heart of South Central Colorado, a region of over 30,000 residents. The business, thriving for 14 years, includes 3 cannabis storefronts spread across the valley, each with its unique market and customer base. In 2022, combined gross income was approximately $1.8 million, showcasing the potential profitability and growth of this investment. The transaction includes the real estate at all 3 locations, adding substantial value to the deal.
The brand, inventory, and extensive book of business are also part of this package, allowing the new owner to hit the ground running, leveraging the established reputation and customer loyalty. Each location is complemented by a CBD storefront, diversifying the product offering and potentially increasing revenue streams, a garden supply, and an ATM business.
With no outstanding liabilities or encumbrances, this opportunity represents a seamless 'plug & play' transition for the new owner. This comprehensive package could be a fantastic addition to an existing portfolio or an ideal entry point for a new investor seeking a foothold in the lucrative and growing cannabis industry.
- Licenses: Cannabis Dispensaries: (2) Recreational, (1) Medicinal
- Retail Marijuana Store License allows the holder to operate a business that sells Retail Marijuana to an individual
twenty years of age or older
- Medical Marijuana Store License allows the holder to operate a business that sells Medical Marijuana to Colorado
Medical Marijuana Registry Patients and Transporting Caregivers
3 different retail / medical dispensaries:
#1 (Conejos County, CO)
Recreational Cannabis Dispensary License, real estate value of $308,000, 2,000 square feet, Grossed $1,000,000 in 2022
#2 (Sagauche County, CO)
Recreational Cannabis Dispensary License, real estate value of $170,000, 1,040 square feet, Grossed $500,000 in 2022
#3 (Alamosa County, CO)
Medicinal Cannabis Dispensary License, real estate value of $978,000, 6,000 square feet, Grossed $300,000 in 2022
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $1,456,000.00
Real Estate Description:
The transaction includes the real estate at all 3 locations, adding substantial value to the deal.
Lender Prequalified: No
SBA Prequalified: No
Market Competition: Unusual opportunity to acquire 3 fully operational cannabis dispensaries in different counties, with real estate included at all 3 locations.
Brand, inventory, extensive book of existing business, excellent reputation and client loyalty, and product diversification all add up to excellent growth and expansion opportunities for the right buyer.