Retail Medical Cannabis
Not Disclosed, MI Bay County
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- RE: Retail Medical Cannabis
- Contact: Armen Nazarian
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 |
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 interestAdditional 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:
- View more Michigan businesses for sale
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