Business Overview

High grossing Denver Medical Marijuana dispensary for sale. 3-year average gross revenue of $5,750,000. Great location with heavy traffic count. Vertically integrated with a loyal customer base, this business is a great opportunity for someone getting into the industry or looking to add to their portfolio. The +/-2,000 sf store is currently leased for $3,960 per month with 4 years remaining (October 31, 2026). License is grandfathered in but can be moved and upgraded to Recreational. Cultivation facility and MIPS kitchen available for sale separately or as a complete package (asking price does NOT include cultivation and MIPS).

Financial

  • Asking Price: $5,750,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Additional Info

The real estate is leased by the company for $3,960 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell operating businesses. Nevertheless, the true factor and the one they tell you might be 2 totally different things. As an example, they may claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might simply be reasons to attempt to conceal the reality of altering demographics, increased competition, recent decrease in incomes, or a variety of various other reasons. This is why it is really crucial that you not depend entirely on a vendor's word, yet instead, utilize the seller's response together with your general due diligence. This will repaint a much more practical image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that earnings margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that should be satisfied or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract new clients? Often times, businesses have repeat customers, which create the core of their day-to-day earnings. Certain aspects such as new competitors sprouting up around the location, roadway building, and personnel turnover can influence repeat consumers and also adversely influence future earnings. One essential thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business regularly, the better the possibility to develop a returning consumer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Exactly how might the local average family income impact future income potential?