This amazing opportunity presents a unique chance to acquire a thriving cannabis business with 3 fully operational retail storefronts, 2 consumption lounges, and a manufacturing facility. These businesses are strategically located in border towns with high tourist traffic, providing an excellent sales potential. All SOPs, Banking, training documentation, payroll, cannabis insurance, state and local licensing are active.
- Shop #1 Has a drive through quick service model in which the consumer places the order in the drive through or lobby.
- Shop #2 Is located in an upscale neighborhood near a country club and ski resort.
- Shop #3 Is Centrally located in a main drag of a Downtown District that attracts the tourist walking crowds from the main thoroughfare leading to all shops and restaurants. The sale includes a Compliant Security Hardware System with limited access key fobs for doors.
The sale also includes a state-of-the-art compliant security hardware system with limited access key fobs for doors, ensuring a secure environment for both employees and customers. All Standard Operating Procedures (SOPs), banking, training documentation, payroll, cannabis insurance, and state and local licensing are active, allowing for a seamless transition of ownership.
This opportunity is ideal for a Multi-State Operator (MSO) looking to expand into New Mexico or an existing operator aiming to add multiple dispensaries to their portfolio. New Mexico offers a friendly regulatory and licensing environment, which supports business growth. By having multiple locations, businesses can mitigate risks associated with the cannabis industry, such as regulatory changes or supply chain disruptions. If one location is affected by such issues, the other locations can continue operating, ensuring business continuity and resilience.
In summary, this incredible opportunity offers a well-established, fully operational cannabis business with multiple strategic locations, ensuring consistent revenue streams and a strong foundation for growth in the thriving New Mexico market.
Details:
Shop #1
Licenses: Retail Storefront License & Indoor Consumption License
Real Estate Value: $850k
Shop Space: 1625 Sq Ft
Lounge Space: 750 Sq Ft
Established: April 2022
2022 Gross Sales: $991k
Lounge Speakeasy upscale style (Seating booths, Dab bar etc)
Shop #2
Licenses: Retail Storefront License & Outdoor Consumption License
Real Estate Value: $550k
Shop Space: 736 Sq Ft
Lounge: 1,200 Sq Ft
Established: April 2022
2022 Gross Sales: $915k
Shop #3
Licenses: Retail Storefront & Type 1 Manufacturing
Real Estate Value: $350k
Space: 672 Sq Ft
Established: December 2022
2022 Gross Sales: $145k
Power: 200 Amps 3 Phase
Manufacturing Type 1 Packaging (Required to transfer from bulk flower to package)
Used to be a restaurant, has all commercial operating systems, there is a hood system.
Use front area as a quick stop with drive through & quick service window in the lobby
Not much staff required
Licenses:
Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Manufacturing Type 1: Packaging of Cannabis Products
Asking Price: $3,789,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Michael Greene, DRE LIC NM# 8553
Yesenia Jimenez, DRE LIC CA# 02073168
Eric Espinoza, DRE LIC CA #02077927
If you have any questions Call Yesenia (858) 633-3013 or Eric (858) 245-6324
Email: asm@glbgroupinc.com or eespinoza@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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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.