MEDICAL CANNABIS DYSPENSARY IN PUERTO RICO

CannaMLS ID: 7458
Save Listing

Price: $750,000


Listing Details


Listing Category
Dispensary
Home Delivery
Other

License Status
Municipal / local license granted
State / annual license granted
NEW OWNER MUST QUALIFY BY DOH

Adult Use
YES

Price: $750,000

Listing Status: For Sale

Great opportunity to acquire an approved cannabis Medical Cannabis Dispensary. The business is operational and current, and is license is located in a municipality in the South of Puerto Rico. The business sits on a 2,000 Sq. Ft. facility that has easy freeway access and is strategically near major floating market (boating weekenders and tourist). With very minimal advertisement the business has gained hundreds of new patients and a following of loyal returning customers. The business has plenty of potential to grow the business with untapped niche markets and delivery areas (Transport License not included) with the right approach.

Plenty of room to grow for the right operator with very low operational costs. Great location in major area mall and high traffic. Fully build out with state of the art security system and secured inventory room. Additional (separate) storefront for non-medical products. Inventory included in the sale price.

This is a great opportunity for someone who is looking to target a high traffic area, a multi-location operator or someone who is looking to enter the industry.

The new owner would also benefit from limited new competition entering the market, with 1 currently active and 1 in progress. Puerto Rico recently announced a moratorium on new licenses for medical cannabis establishments that is in effect (2nd extension) until December 31, 2022, with the probability that it will be permanent.

Details:

Space: 2,000 Sq. Ft. (1,500 Sq. Ft. + 500 Sq. Ft. / 2 storefronts)

Rent: $3,000/Month (4 years left with 5 Year Option)

License: Medical Cannabis Dispensary storefront

Inventory Included

Employees: 3

P.O.S.: MJ Freeway

State of the Art Security System

Location: South Puerto Rico (coastal municipality)

Gross Revenues:

2022 YTD Gross Revenues- Available Upon Request

Asking Price: $750,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. If you have any questions Call at 787-688-1234

Email : delta9pr@gmail.com.com


Listing Details

Listing Status
For Sale

Location
US Protectorate 00704

Date Listed For Sale:
9/27/2022

Date Last Updated:
9/28/2022

Generating Revenue:
NO

Operational:
YES

Property Details

Buiding Size (sq ft)
2000 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$750,000

Seller Financing Available?
NO

Property Lease Rate
$3,000/month

Lease Terms:

Rent: $3,000/Month - 4 years left with 5 Year Option w/ option to extend


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