Retail Medical Cannabis

Not Disclosed, MI Calhoun County

Asking Price: $1,100,000

Annual Revenue: $2,000,000

Retail: Non-classifiable

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RE: Retail Medical Cannabis
Contact: Armen Nazarian

Owner Financing is Available!

$1,100,000 with $500,000 down. 8% int., amortized over 60 months, balloon due in 36 months

Quick Facts

	Asking Price:	$1,100,000
	Annual Revenue:	$2,000,000
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	2022
	Employees:	6
	BBN Listing #:	936752
	Broker Reference #:	583

Email or Print Listing

Business Overview:

This is a unique opportunity to acquire a Retail Medical Cannabis business in Battle Creek/Kalamazoo areas of Michigan. Established in 2022, this profitable business and property are being sold as a package deal. The property and business are in the green zone for medical marijuana provisioning and licensed in the State of Michigan. The building was purchased in 2020 and went under a total renovation with all new buildouts! Business was doing between $250,000 - $300,000 per month in late 2022, now between $150,000 - $200,000 with absentee owner and no advertising. A new owner/operator with some creative advertising/marketing can easily pull in extremely high sales numbers! So much more growth possibilities with this business. Seller has other businesses and runs the business absentee! A turnkey operation only needing a new owner/operator. Seller will train. Call Armen Nazarian Business Brokers.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The property and business are in the green zone for medical marijuana provisioning and licensed in the State of Michigan. The building was purchased in 2020 and went under a total renovation with all new buildouts! Business was doing between $250,000 - $300,000 per month in late 2022, now between $150,000 - $200,000 with absentee owner and no advertising.

Market Competition and Expansion:

A new owner/operator with some creative advertising/marketing can easily pull in extremely high sales numbers! So much more growth possibilities with this business.

Reason for Selling:

absentee owner has other business interest

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

Relevant Links:

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