DETROIT, Michigan
| Asking Price |
$1,390,000 |
Year Established |
|
|
| Annual Revenue |
$1,410,000 |
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Henry Cohn |
|
| Annual Cash Flow |
$610,000 |
Listing Number |
591171 |
|
| # of Employees |
|
Business Category |
Retail: General Merchandise - Retail |
|
Business Overview:
Fully compliant and licensed - Medical/Recreational
Incredible opportunity for exposure to the booming legal cannabis industry. This emerging market has tremendous potential with significant projected growth. The brick and mortar location has a clean modern buildout, multiple POS and sells a wide variety of premium, high demand products. Catering to the medical and connoisseur recreational consumer. Well established supply chain and strong vendor relationships. Loyal customer base utilizing promotional and loyalty programs. Full transitional training and support with existing licenses, legal and regulatory.
Help to bring important medical treatments and lucrative recreational products to an excited and eager massive consumer base. Be a pioneer in the “Green Rush” with a first-mover advantage.
-Medical and recreational clientele
-Successful marketing systems and social media in place
-State of the art CRM, POS, security and branding
-Remote motioning applications
-Valuable supply chain and vendor relationships
-Wide variety of premium products with strong margins
-Trained employees
-Absentee owner
-Available for national acquisition.
Property Features and Assets:
All assets(licenses), FF&E, inventory.
Market Competition and Expansion:
-Significant projected growth over the next 5 years. Strong market conditions and increasingly favorable regulations.
-Support & Training: Full training, transitional support and industry acclimation for uninitiated investors. Regulatory, legal, supply chain and vendors.
-Financing options becoming available
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