$1m For This Excellent Retail Dispensary

Price : $1,500,000
Location : Colorado
Featured_biz : 0
Industry : Cannabis Industry
Sales : $ 0
SDE : $ 0

Business Description

Excellent Retail Dispensary ~ DU Area

Recreational(retail) & Medical Dispensary
Beautifully appointed, turnkey & currently operating
1,400 sq/ft
Annual revenues near $2M easily
Excellent lease with options and cooperative landlord
The rent is cheap, which is rare, less than $3,500 p/month
Location is paramount, rare and grandfathered
Offered for sale at $1,500,000.00
Seller will consider financing

Cannabis Facts- The legalization of medical cannabis is taking over the United States. Orgeon, Washington, and Colorado have seen massive tax gains from legalizing recreational use while California’s medical system continues to be a model for other states around the country. Soon more than half of the states in the US will have some medical marijuana legislation. 23 states have made it legal, and it is pending in 14 more. Marijuana is the third most popular recreational drug in America (behind only alcohol and tobacco), and has been used by nearly 100 million Americans.

The expected industry revenues are too large to ignore. Cannabis culture has evolved, and new businesses will emerge, and infrastructure is necessary. Legal cannabis industry is expected to out-earn the US film industry, the organic foods industry, and more than triple the revenues of the NFL COMBINED. As of 2015, the cannabis industry is valued at $3Billion, by 2020 it is expected to be $11Billion, and if the federal government were to legalize cannabis the projected value of retail sales is over $37Billion!