Turn-Key Cannabis Store/Grow/Manufacturing Business
Business Description
Great location on busy intersection. Consistent loyal customer base. Great cash flow, excellent profits. Low overhead costs. Vertically integrated for improved margins and insulation against market shocks. There is room for improvement as I don't do analytics or aggressive marketing. A business savvy owner could squeeze more out of it. We have built a great reputation ripe for expansion to other markets. The building can be purchased separately from the landlord, but the rent is great for the size and location.
About the Business
- Years in Operation
- 2
- Facilities & Assets
- Vertically integrated Cannabis facility including 1500 sq ft retail storefront, 20 light cultivation, with room and power for 40 more. Manufacturing room includes VapeJet cartridge filling machine, vacuum oven, and rosin press.
- Website
- https://ridankulous.com/
- Market Outlook / Competition
- There are about 20 dispensaries in town, and we have been competing for the top spot with one main competitor. We held the top spot 3 months so far this year, taking the number 2 spot the other 5 months. We have a Great location on the corner of the biggest intersection in Alamogordo.
- Opportunities for Growth
- We recently leased the adjacent unit adding 2500 sq feet for use as storage or extra grow rooms, we now control the entire building.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 7,500
- Rent
- $6,250.00 per month
- Lease Expiration
- 7/1/2028
About the Sale
- Seller Motivation
- Time to retire.
- Transition Support
- I will stick around for a few months to show you how to run the place but my assistant manager is fully capable of taking over.
- Financing Options
- Lease has multiple 3 year extension options. Property can also be purchased.
Listing Info
- ID
- 2409207
- Listing Views
- 128
Attached DocumentsAttachment Disclaimer
12-2024 BALANCE SHEET. RIDANKULOUS (1).pdf
12-2024 PROFIT AND LOSS. RIDANKULOUS (1).pdf
Business Location
Listing ID: 2409207 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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