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CBD and THC Dispensary with $2.77M in sales and over $413k SDE operating profit for past 12 months. Results for 2021 are expected to end near 3.77M sales and 708k operating profit. Real estate purchase is optional. Seller willing to carry license for a period of time until buyer meets requirements to have own license.
Currently this store is part of a franchise group, buyer has option to remain in the franchise or take it independent and possibly add another $120k-200k to the operating profit in 2021.
Key strengths of this business include:
1. Professional management with 3 levels of senior and assistant managers. Along with licensing support from seller, this feature enables virtual or semi-absentee ownership. A buyer with existing mgmt structure in place could increase savings by eliminating redundancies as needed.
2. This dispensary is ready for a drive through add-on as soon as legally allowed.
3. Clean and transparent operation, with provable financials.
4. Strong brand and marketing program.
5. Buyer may choose to remain in the franchise system and take advantage of the corporate support in the areas of operations, legal, accounting, marketing, training, etc.
Building is owned by seller and also available for sale at $350,000. Alternatively, a lease contract is easily negotiable for as long as a buyer desires.
$15,000 (USD) per annum
Busy Route 66 thoroughfare with easy access from street.
Standalone building with 1100 SF with ample parking around it.
Focusing on growing the franchise business.
24/7, including holidays
Two weeks transition, or ongoing support as franchised operation if desired.
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