CannaMLS ID: 6621

Operating Adult-Use/Medical Cannabis Provisioning Center for Sale in Oakland County, Michigan

Oakland County – Confidential Provisioning Center

Oakland, MI 11111

Created  | Updated 

Price

$ 4,250,000

Seller financing available

Profitable adult-use/medical provisioning center for sale in Oakland County, MI. Generating $600K/month revenue with 60% gross profit.

listing image

Property

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Retail

  • Building size (sq ft): 3,537

Rare opportunity for a flagship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Center's in the immediate area.

Operating Adult-Use/Medical Provisioning Center available for sale - Business/License & real estate available. Buyer has the option to purchase the Business/License and lease the real estate. Approximately $1M +/- worth of inventory can be purchased separately.

Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging approximately $600,000 per month in revenue and has room for improvement.

Current ownership operates near a 60% gross profit margin, making this a more attractive value-add opportunity than the model of 35-45% gross profit margin for most other Michigan Provisioning Centers.

Freestanding building that was brand-new ground-up construction before its opening in 2021.

The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure.

Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants.

Listed by

Corbin Yaldoo

C3 CRE, LLC

Professional Licenses

  • Michigan 650136426
PRO's picture

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