Seller's Contact Information
- RE: Cannabis (2 Location Chain With Culture Shop)
- Contact: Seth Rudin
Quick Facts
Asking Price: | $6,500,000 | |
Annual Revenue: | $6,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 677335781 | |
Broker Reference #: | MR2023 |
Business Overview:
This retail cannabis shop chain is well positioned for success providing a growing county adjacent to a large metropolitan area with two well run cannabis locations and a canna gear storefront.
The residents of the county have a median age of approximately 40 years old and earn an average household income of approximately $50,000 per year.
In total, this retail chain of 2 THC locations and one canna-gear and merchandise store produced sales of over $6 million in 2022.
The company employs a full time Area General Manager who oversees all three stores and is supported by the owners.
Ownership's labor contribution to the operation is on a limited basis. They spend approximately 8-12 hours a week providing executive oversight, banking, and accounting support across all of their retail shops.
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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
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