Business Overview

Northeast Denver cultivation licenses: Asking $750k for Medical Class 2 (1500 plants) License and Recreational Tier 1 (1800 plants, tier increase application pending with MED) License. Approx. 13,000 SF, 2 stories. Landlord is willing to sell the property separately for $2.4M. Current rent is $20,000/month but buyer would have to negotiate sale or new lease directly with landlord. All equipment included, although most is outdated. Newer HVAC recently installed. Value is in licenses and location. Facility would make an excellent addition to any dispensary or MIP looking to grow their own product (Dispensary and MIPS license available separately or as complete package).


  • Asking Price: $750,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Additional Info

The property is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell companies. Nevertheless, the real reason vs the one they say to you may be 2 totally different things. For instance, they may say "I have way too many other obligations" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be excuses to try to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or a variety of various other reasons. This is why it is really crucial that you not rely absolutely on a seller's word, yet rather, use the seller's response together with your total due diligence. This will repaint an extra reasonable picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that earnings margins are too tight. Many companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that have to be satisfied or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract new consumers? Often times, operating businesses have repeat customers, which develop the core of their everyday revenues. Particular aspects such as new competition sprouting up around the area, roadway building, as well as employee turnover can impact repeat customers and adversely affect future profits. One crucial point to consider is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the opportunity to construct a returning client base. A last thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? How might the local typical family income effect future income potential?