3 Fully Operational Cannabis Retail Storefronts, Consumption Lounge & Manufacturing Businesses For Sale (New Mexico, USA) #1178

AMAZING opportunity to acquire 3 fully operational Retail Storefronts, 2 Consumption Lounges and a Manufacturing business. The businesses are strategically located in high traffic areas with consistent tourist flow, They are situated in the border towns to which provide the best chance in sales. The shops are all fully operational as are the consumption lounges and manufacturing facility. All shops have high Google reviews and a great reputation. Shop #1 has a drive through quick service model in which the consumer places the order in the drive through or lobby. Shop #2 is located in an upscale neighborhood near a country club and ski resort. Shop #3 is Centrally located in a main drag of a Downtown District that attracts the tourist walking crowds from the main thoroughfare leading to all shops and restaurants. The sale includes a Compliant Security Hardware System with limited access key fobs for doors. All SOPs, Banking, training documentation, payroll, cannabis insurance, state and local licensing are active.

This is the ideal opportunity for an MSO that wants to expand into New Mexico or an operator that is looking to add multiple dispensaries to their portfolio. New Mexico is friendly in regard to regulatory & Licensing. Having multiple locations could help businesses to mitigate risks associated with the cannabis industry, such as regulatory changes or supply chain disruptions. If one location is impacted by these issues, businesses could rely on their other locations to continue operating. 

Details: 

Shop #1 

• Shop Space: 1625 Sq Ft 
• Lounge Space: 750 Sq Ft
• Established: April 2022
• 2022 Gross Sales: $991k
• Lounge Speakeasy upscale style (Seating booths, Dab bar etc)
• Licenses: Retail Storefront License & Indoor Consumption License 

Shop #2 

• Shop Space: 736 Sq Ft
• Lounge: 1,200 Sq Ft
• Established: April 2022
• 2022 Gross Sales: $915k
• Licenses: Retail Storefront License & Outdoor Consumption License

Shop #3 

• Space: 672 Sq Ft
• Established: December 2022
• 2022 Gross Sales: $145k
• Power: 200 Amps 3 Phase
• Manufacturing Type 1 Packaging (Required to transfer from bulk flower to package)
• Used to be a restaurant, has all commercial operating systems, there is a hood system.
• Use front area as a quick stop with drive through & quick service window in the lobby
• Not much staff required
• Licenses: Retail Storefront & Type 1 Manufacturing

Licenses:

• Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
• Manufacturing Type 1: Packaging of Cannabis Products 

Asking Price: $1,500,000.00 (Seller Open to Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Michael Greene, DRE LIC NM# 8553

Yesenia Jimenez, DRE LIC CA# 02073168 

Eric Espinoza, DRE LIC CA #02077927

If you have any questions Call Yesenia (858) 633-3013 or Eric (858) 245-6324

Email: asm@glbgroupinc.com or broker@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

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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.