Full-Scale Cannabis Operations for Sale

Not Disclosed, ME


Asking Price: Annual Revenue:
$11,000,000 $6,200,000

Retail: Health, Beauty, Nutrition


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RE: Full-Scale Cannabis Operations for Sale Broker: Shivam Kumar

Quick Facts

Asking Price: $11,000,000
Annual Revenue: $6,200,000
Net Profit: Not Disclosed
Cash Flow: $900,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 10
BBN Listing #: 75062496
Broker Reference #: 49532-716332

Email or Print Listing

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Business Overview:

Here’s your chance to own a highly profitable and mature business in Maine’s thriving cannabis industry. While the state has seen countless people invest in creating a vertically-integrated operation, few if any, can match the design, implementation and location of this incredibly opportunity. Clients travel from throughout the state to patronize the store and the quality and diversity of its product offerings, justifies the trip.

OPERATIONS: Operating since 2018, the company has seen sales increase every year in both the retail and wholesale market. In 2021, sales topped over 6 million and revenues this year are on pace to match last year’s totals.

LOCATION: The physical location could not be better. Located in one of Maine’s larger communities, on a busy street with great visibility, the listing features both the grow and the medical cannabis store at the same location. With all operations under one roof, the efficiency of the company is unparalleled, as product can easily be moved and staff can easily shift between each department, not having to travel.

The Company’s retail operations are conducted in a well-positioned, fully built out, 8480 square foot location, and it has 2 cultivation facilities totaling 4116 square feet (85 flowering lights), one at the retail location and the other directly adjacent to it.

Cultivation capacity can be increased by 3920 square feet (70 flowering lights) at the Company’s current cultivation locations with an estimated cost of $600,000.

STAFF: The management team in place is exceptional and oversee a professional, experienced and friendly staff. Management and staff would likely transition with the sale is desired.

OPPORTUNITY: Plans to open an adult-use store on-site have been approved by the city and the build-out is well on its way. You would have the option of completing it yourself or negotiating with the current owners to complete.

FACILITIES: The real estate offered includes two buildings, paved parking lot with ample room and frontage along a busy community street and a serene setting behind the buildings with water frontage. The building layout was efficiently designed by professionals with plenty of room to expand retail or growing capacity. The electrical, including the LED lighting and heat pumps are all new and allow for an efficient operation.

This listing is an opportunity for you to assume operations of a successful and proven business without having to experience any trial and error. Few if any other vertically-integrated operations in Maine can match the track record, success and future potential of this listing.
This listing will not be on the market for long so serious inquiries should be made immediately. Call today!

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.

Reason for Selling:

Relocation

Additional Details:

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

Relevant Links:

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