Seller's Contact Information
- RE: Whatcom County Cannabis Retail Store
- Contact: Scott Krause
Quick Facts
Asking Price: | $699,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | Not Disclosed | |
BBN Listing #: | 107253365 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established and located in Whatcom County. The highly trained staff enjoy educating customers in the products along with their community. The staff also offers friendly, easy-going customer service that promotes a strong, loyal customer base. They are well stocked and have a great web/online ordering presence.
2020 sales were $1.7M. For 2021, due to absentee owner, management theft, sales fell to $1.2M. In 2022, they hired all new employees, manager, and a consultant. Now under new management, 2022 is projected to do $1.5M-$1.7M, and continue to increase thereafter.
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Property Features and Assets:
Premise size is 1,450 square feet.
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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