Medicinal Cannabis Hemp Dispensary Retail Portfolio For Sale (Kentucky, USA) #1244

  • $1,999,999
For Sale Med New Popular Turn Key
Medicinal Cannabis Hemp Dispensary Retail Portfolio For Sale (Kentucky, USA) #1244
  • $1,999,999

Business Description

Embark on a lucrative journey with our exclusive Cannabis Hemp Dispensary Retail Portfolio, featuring three fully operational hemp dispensaries strategically positioned within less than an 1hr radius from each other. The flagship dispensary leads the pack, consistently yielding over $800,000 in gross revenues, while the two additional dispensaries contribute over $300,000 each, forming a robust network in Kentucky. ADDITIONALLY, WHOLESALE REVENUES WERE OVER $69,000 IN 2023, AND ECOMMERCE ORDERS CONTRIBUTED ANOTHER $100,000+. Benefit from the geographic advantage of this triad, ensuring a broad customer base and operational synergy. Positioned as one of the first hemp companies in Kentucky, this portfolio offers not just dispensaries but an established brand that resonates with the local community.

Seize the opportunity to hit the ground running with a comprehensive package, including a meticulously curated inventory and an extensive book of business. Whether you’re expanding an existing cannabis hemp portfolio or stepping into the industry for the first time, this offering provides a solid foundation. Leverage the established reputation and customer loyalty to make your mark in the flourishing and ever-growing hemp market. Don’t miss out on this extraordinary chance to be a key player in the future of hemp retail!

The state is legalizing medical cannabis for ​purchase by written certification beginning on Jan 1, 2025.

Details: 

Dispensary #1 

  • Established: August 2018
  • Rent: $765.00/Month
  • Lease Terms: Month to month, Option for Long Term Lease
  • Space: 800 SqFt
  • Inventory Included in Asking Price: $204k
  • 2023 Gross Revenue: $841,946.76
  • 2023 Net Revenue: $561,898.43
  • Capital Invested: $100k
  • Employees: 5
  • POS Sales System: Lightspeed

Dispensary #2 

  • Established April 2023
  • Rent: $1,650.00/Month
  • Lease Terms: 2 YR
  • Space: 1000 SqFt
  • 2023 Gross Revenue: $367,628.44
  • 2023 Net Revenue: $240,979.87
  • Employees: 4  
  • POS Sales System: Lightspeed

Dispensary #3 

  • Rent: $1,450.00/Month
  • Space: 800 SqFt
  • Lease Terms: 2YR
  • 2023 Gross Revenue: $363,874.21
  • 2023 Net Revenue: $246,104.20
  • Employees: 3
  • POS Sales System: Lightspeed

Office Space:

  • Rent: $1050/Month
  • Lease Terms: 2YR
  • WHOLESALE AND ECOMMERCE AT OFFICE
  • 2023 GROSS WHOLESALE REVENUE: $67,547.54
  • 2023 NET WHOLESALE REVENUE: $32,325.07
  • 2023 GROSS ECOMMERCE REVENUE: $100,000
  • 2023 NET ECOMMERCE REVENUE: $60.86
  • Parking Spaces: 8
  • # Employees: 3

Licenses:

  • Retail Marijuana Store License allows the holder to operate a business that sells Retail Marijuana to an individual twenty-one years of age or older
  • Medical Marijuana Store License allows the holder to operate a business that sells Medical Marijuana to Colorado Medical Marijuana Registry Patients and Transporting Caregivers

 

Asking Price: $1,999,999.00 (Seller Open to Offers w/ $1.2M Down)

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

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.

Business Details

  • Price: $1,999,999
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: Kentucky
  • Down Payment Required: $1,200,000.00
  • Gross Revenue: $1,895,000.00
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