Fully Operational Cannabis Dispensary Business For Sale Includes Real Estate (Detroit, Michigan) #1359

  • $3,490,000
For Sale Med New Popular RE Included Rec Turn Key
Fully Operational Cannabis Dispensary Business For Sale Includes Real Estate (Detroit, Michigan) #1359
  • $3,490,000

Business Description

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. 

Revenues: 

  • 2024 Gross YTD: $331,359.00
  • 2023 Gross Revenues: $2,000,000.00

Details:

  • Space: 3,200 Sq Ft 
  • Rent: $5,000/Month
  • Lease Terms: T.B.D.
  • Real Estate Value: $1M 
  • Wholesale Inventory: $200k
  • Employees: 9
  • Parking Spaces: 40
  • 2023 Gross Revenues: $2M
  • Seller Open to Training 30 Days

License:

  • Adult Use Retail Storefront 

 

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# 02073168 

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.

Business Details

  • Price: $3,490,000
  • Business Type: Dispensary Retail w/ Delivery, Real Estate Property, Seller Financing Available
  • Business Status: For Sale
  • Location: Michigan
  • Gross Revenue: $2,000,000.00
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Yesenia Jimenez, ASM
  • Yesenia Jimenez, ASM