Colorado

$1,999,999

Priced to Sell Profitable Colorado Cannabis Dispensary in Tourist Destination

Gross Revenue: $2,500,000

Rent: $3,400 /Month

Established: 2015

Business Description

Excellent Opportunity to Enter the Cannabis Space or Expand a Brand Name. Located in the center of a tourist attraction in Southern Colorado, this dispensary generated over $2.5 million in gross revenue for 2020. This cannabis dispensary is ideal for a multi-state operator looking for additional visibility. It is equally ideal for a retiree or family desiring for a rustic location for a home and business. NDA and POF required.

  • Real Estate:

    Leased

  • Building SF:

    2,500

  • Lease Expiration:

    7/31/2027

  • Employees:

    15

  • Facilities:

    Well appointed facilities with excellent signage, in the center of a popular tourist destination.

  • Competition:

    Best location in its market, which draws on local residents and tourists. Well known in the area, it benefits from customer loyalty and proximity to popular visitor destinations.

  • Growth & Expansion:

    Marketing opportunities can be pursued with other retail in the area.

  • Support & Training:

    Owner is available to train and support the buyer during a transition period.

  • Reason for Selling:

    Owner relocating to another state.

  • Contact:

    Clint Sheer – clint@cannabis-brokers.com
    (518) 321-3708

$3,499,000

Colorado Cannabis Dispensary in Prime Location with Strong Net Income

Adams County, CO

Gross Revenue: $2,950,000

Rent: $8,500 / Month

Established: 2016

Business Description

This Recreational Dispensary is located in a a heavily trafficked, retail area, but is convenient and easy to reach. Well known and popular, it boasts a loyal customer base. Strong, effective management team produces a steady profit stream. NDA and POF required.

Detailed Information

  • Location:

    Adams County, CO

  • Real Estate:

    Leased

  • Building SF:

    4,000

  • Lease Expiration:

    8/31/2025

  • Employees:

    9

  • Facilities:

    Retail Dispensary occupies only 1,500 square feet of 4,000 square foot building, allowing for room to expand or sublease income. Plenty of parking for this attractive, modern facility.

  • Competition:

    Located between the city of Denver and the airport. Close to major highways, shopping centers, a sports event venue and other recreational destinations. Easy and convenient to patronize. While there is no cap on retail licenses for the municipality, zoning restrictions significantly limit new stores.

  • Growth & Expansion:

    The dispensary is located in one of the fastest growing municipalities in Denver. The first permitted in its city, it has maintained strong revenue despite the opening of other dispensaries, due to focus on customer service and loyalty programs. Recently rebranded the store and updated the retail area.

  • Support & Training:

    Seller willing to train new owner.

  • Reason for Selling:

    Seller focusing on other business assets.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092