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ASKING PRICE: $5,750,000
•BUSINESS = $5M
•REAL ESTATE = $750K
OPEN SINCE: 2019
EMPLOYEES: 4 FT / 3 PT
AVG BASKET SIZE: $162
•AVAILABLE FOR PURCHASE
1,280 SF WITH THE POSSIBILITY OF ADJOINING PARCEL WITH 20 PARKING SPOTS
Rare opportunity to acquire one of only three dispensaries located within 10 miles of the Pennsylvania border. This dispensary is only 45 minutes to Pittsburgh, which boasts a population of 2.35M residents in its greater metro area. With Ohio’s promising upcoming 2023 ballot measure to legalize recreational sales, this dispensary is positioned to benefit greatly as Pennsylvania is not expected to legalize rec for several years. The current absentee owner does not have time to maximize the store’s potential and would like to sell, creating an ideal opportunity for any operator that wants to step into a turnkey, border town dispensary. NDA required for additional information.
•Polling indicates recreational cannabis will be legalized on the upcoming November ballot.
•Pittsburgh, the largest metropolitan area in the vicinity, is in a medical-only state with no ballot initiative to legalize rec this year.
•A second adjoining parcel with an additional 20 parking spots is available for sale .
•Seller is willing to wait until the Ohio recreational ballot measure passes to accept payment in full.