Listing ID: 76743
Business Overview
Impressive Colorado State-of-the-Art grow facility & Dispensary! Here is a unique opportunity to purchase BOTH of these incredible businesses in one great package. The Turn-key Grow Facility sits on 35 acres, with 4.5 acres being completely fenced and compliant with Colorado MED security requirements. On-site is a 3,000 sq. ft. Olympia Steel Building, a 1,400 sq. ft. Steel double insulated curing/processing building, five Conex 8×40 storage containers, six 3,000 sq. ft. Climate Controlled Greenhouses, and a 3,300 sq. ft. Nexus Light Deprivation Greenhouse, Commercial Water Well, 2-10,000 gal storage tanks, and a water purification system. This is a unique opportunity to begin operations immediately. Current State Cultivation License /County Use Permit are transferable.
The Dispensary is ideally located right off the I-25 corridor and Hwy 69. this property is 100% turn-key and fully operational! Over a 1000 Sq.ft. of usable space, sits on over 4 acres and is on city water/sewer. The newly renovated building features 32ft of lighted display cases, four new display towers for accessory displays in the waiting room, tables & chairs, new carpet & tile throughout, an ADA certified bathroom, wheelchair ramp, and safety bollards, newly renovate exterior windows, commercial-grade doors and hardware, as well as a new roof, new stucco, and a new cement apron around the entire building. The property is complete with a Colorado MED Compliant Security System throughout the interior and exterior of the building. This is an incredibly profitable business opportunity you need to checkout for yourself today! Interested parties contact the listing agent for a complete Spec Sheet.
Financial
- Asking Price: $5,000,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2020
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Turn-key Grow Facility sits on 35 acres, with 4.5 acres being completely fenced and compliant with Colorado MED security requirements. On-site is a 3,000 sq. ft. Olympia Steel Building, a 1,400 sq. ft. Steel double insulated curing/processing building, five Conex 8x40 storage containers, six 3,000 sq. ft. Climate Controlled Greenhouses, and a 3,300 sq. ft. Nexus Light Deprivation Greenhouse, Commercial Water Well, 2-10,000 gal storage tanks, and a water purification system. This is a unique opportunity to begin operations immediately. Current State Cultivation License /County Use Permit are transferable. Over a 1000 Sq.ft. of usable space, sits on over 4 acres and is on city water/sewer. The newly renovated building features 32ft of lighted display cases, four new display towers for accessory displays in the waiting room, tables & chairs, new carpet & tile throughout, an ADA certified bathroom, wheelchair ramp, and safety bollards, newly renovate exterior windows, commercial-grade doors and hardware, as well as a new roof, new stucco, and a new cement apron around the entire building. The property is complete with a Colorado MED Compliant Security System throughout the interior and exterior of the building.
Additional Info
The venture was established in 2020, making the business 2 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell operating businesses. Nevertheless, the real factor vs the one they tell you might be 2 entirely different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in earnings, or a variety of various other reasons. This is why it is extremely essential that you not count entirely on a seller's word, but rather, utilize the seller's answer together with your total due diligence. This will paint an extra sensible picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses take out loans with the purpose of covering items such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that profit margins are too thin. Many companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that have to be fulfilled or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in new clients? Many times, businesses have repeat clients, which form the core of their everyday profits. Certain elements such as brand-new competitors sprouting up around the location, road construction, and also staff turnover can affect repeat customers and adversely impact future profits. One important point to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business often, the higher the possibility to develop a returning customer base. A final idea is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? How might the neighborhood average home income influence future earnings potential?
