Listing ID : 1690324
Listed On August 1, 2024 2
Listing Updated August 8, 2024
Amazing opportunity in the heart of Wayne County for a fully operational cannabis dispensary in Detroit, MI (Pop 620k+). The dispensary comes bundled with an existing clientele and its prime real estate, creating unparalleled value for anyone looking to enter the Michigan Market. This dispensary boasts an impressive $2M in gross revenues in 2023. This remarkable performance is fueled by its strategic location, being one of the only dispensaries in a 3 mile radius, its on its own island! Adjacent to major fast-food chains, the dispensary enjoys a prime spot that maximizes customer reach and convenience.
What truly sets this opportunity apart is the inclusion of the property in the asking price. Valued independently at $1,000,000, the real estate adds a significant asset to the deal, making it an exceptionally attractive investment proposition. By acquiring this operational business, investors gain not only a high revenue producing business but also a valuable piece of real estate in a prime market.Â
Details:
Space: 3,200 Sq FtÂ
Rent: $5,000/Month
Lease Terms: T.B.D.
Real Estate Value: $1MÂ
Wholesale Inventory: $200k
Employees: 9
Parking Spaces: 40
2023 Gross Revenues: $2M
Seller Open to Training 30 Days
License:
Adult Use Retail StorefrontÂ
Â
Asking Price: $3.49M (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elijah Simkins, MI LIC #P83975
Yesenia Jimenez, DRE LIC CA# 02073168Â
If you have any questions Call Yesenia at (858) 633-3013
Or Email : asm@glbgroupinc.com
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
This listing is provided on BizTrader through an authorized API integration with 420 Property, with explicit permission from the listing owner. Data for listings on BizTrader is refreshed approximately every 24 hours. For the most current information, please view the original listing on 420 Property
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