Michigan Operational Adult-use Storefront Business Opportunity W/Real Estate For Sale (Central Lake, Michigan) #865

  • $2,200,000

Business Description

Amazing opportunity to acquire a Turn-key Storefront that includes the property! The Storefront Dispensary is located in Central Lake, an area with no competitors nearby that is considered a high net worth seasonal tourist location surrounded by lakefront homes, most valued over $1M per home.  The downtown storefront in nearby Central Lake offers significant exposure for brand building while establishing consumer loyalty. All fixed assets are included in the sale.

This is a great opportunity for someone who is looking to target a major cannabis market in Michigan, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry and acquire a turn-key business.

Details:

  • Licenses: Central Lake – (1) Recreational Retail Storefront License 
  • Prime Real Estate locations & all fixed assets/equipment are included in the sale
  • 2021 Gross Sales: $100K gross sales in first 45 days!!
  • 2022 Gross Sales: $750K 
  • Employees: (5) employees which includes (2) salaried managers

Licensing:

Provisioning Center (PC): New Michigan legislation set up a framework for the licensing and operating of medical marijuana dispensaries, which Michigan refers to as “provisioning centers,” along with adult-use retail stores. It was announced that for the first 24 months, applications would only be accepted from currently licensed medical marijuana operators.

 

Asking Price: $2,200,000.00

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

Elijah Simkins, MI LIC #P83975

If you have any questions Call Yesenia (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 opportunity.

Business Details

  • Price: $2,200,000
  • Business Type: Dispensary Retail w/ Delivery, Real Estate Property, Retail
  • Business Status: For Sale
  • Location: Michigan
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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Elijah Simkins, (Michigan)
  • Elijah Simkins, (Michigan)