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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 #: 936753
Broker Reference #: 584

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Business Overview:

This is a unique opportunity to acquire a Retail Medical Cannabis business in Bay County. 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.

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Property Features and Assets:

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.

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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