Cannabis Retail Chain For Sale

Multi-State Operator | Vertically Integrated | 10 Units


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cannabis business for sale colorado

Price: $42,000,000

Listing Status: For Sale

 

Details

License Type: MPC/OPC

Location: Colorado Springs, Colorado

Recreational: No
Medicinal: Yes

Listing Type

  • Dispensary

Incredible opportunity to acquire a rapidly growing portfolio and world-class cannabis brand.

A multi-state operator with one of the largest footprints in the United States (compared to publicly traded cannabis companies).

This multi-state, vertically-integrated cannabis retail chain includes:

• 2 cultivation facilities
• 8 highly profitable retail storefronts.

Contact us for details.

Included below are medical and recreational marijuana cultivations and retail facilities. For detailed list of assets, contact us.

Grow 1 – [address redacted-contact seller]. [Brand redacted-contact seller] main Med/Rec production facility. Total area is just under 40,000 s.f. Currently operating at about half of potential production capacity with only 200 flowering lights, yet our efficient design and production methodology allow us to produce over 3000 lbs./year of flower (plus trim) from current capacity alone. 1500 kVA transformer at 480V – 3 Phase (~4500 Amps) allows for easy expansion of production capacity to optimal levels, estimated at 7000 lbs./yrs. Own real estate. Possession since 7/2014, operational since 2015.

Grow 2 – [address redacted-contact seller]. Med/Rec cultivation. 5600 s.f. of fully optimized production. 80 flowering lights, 45 tons of A/C. Our efficient design allows us to produce over 1000 lbs./year of flower (plus trim) from current capacity. “Grandfathered” location, zoned I-MX-3. Leased property. Extension options till 2029 with renewal rate cap guarantees. Possession and operational since 2010.

Store 1 – [address redacted-contact seller]. Med 18+/ Rec 21+ Store. Approximately 2300 s.f. Off-street parking, corner lot, high visibility and lots of signage. Renovated in 2015. Own real estate. Recent appraisal values the property at $900K. Possession and operational since 3/2014.

Store 2 – [address redacted-contact seller]. Med 21+/Rec 21+ Store. Currently a very profitable, high revenue store with a loyal and established customer base. Property leased till 2025. No purchase option, but lease is extendable beyond 2025. Possession since 2009. Operational since 2/2010.

Store 3 – [address redacted]. Med 18+ store. Approximately 4450 s.f., with only 2000 s.f. used for a medical dispensary and the remainder for other business needs. One of only 3 stores in the city. “Rec” ballot initiative process currently underway with 69% support per recent polling survey. If successful will increase gross revenue by $3M+/year. Leased with a real estate purchase option at $700k till 2021. Recent appraisal values the property at $1.3M. Possession since 12/2012, operational since 8/2013.

Store 4 – [address redacted]. Rec only 21+ store. Prime location in a busy shopping center, high visibility, mountain/ski tourist traffic. Leased through 2026 with favorable extension options.

Store 5 – [address redacted-contact seller]. Med 21+/Rec 21+ Store. Prime location, high visibility, mountain/ski tourist traffic. Expansion and new signage underway. Property leased with favorable extensions possible.

Store 6 – [address redacted-contact seller]. Rec 21+ Store. One of only 4 licenses in the city. Highway access and visibility with lots of signage. Approximately a one (1) acre hilltop lot with redevelopment and expansion potential. Leased through 2024 with a purchase option at $800k.

Store 7 – [add redacted-contact seller]. Rec 21+ Store. High traffic location. Additional medical store and rec cultivation licenses pending. Planned for processing center and MIP. Leased through 2030.

Store 8 – [address redacted-contact seller]. Retail only 21+. [Brand redacted-contact seller] holds a purchase option on the property that would allow to capture substantial equity based on current market rates. Property is subdivided into 3 units and is currently generating modest rental income. Located in [location redacted-contact seller], affluent residential area, directly across from McDonald’s. *** This location is not included in attached financials or the expected valuation.

If you have any questions call:
Jason Tropf: 727-515-1886
Holly Ford: 513-828-9810
Info: Cannabis10x.com

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released

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