CannaMLS ID: 12246
Created | Updated
Price
$ 1,700,000
Outstanding Investment Opportunity: Recreational Marijuana Dispensary and Grow Facility in Historic Pueblo County, CO License Type: Recreational Marijuana Di
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Retail
Monthly lease rate: $ 10,000
Lot size (acres): 1
Building size (sq ft): 3,996
Outstanding Investment Opportunity: Recreational Marijuana Dispensary and Grow Facility in Historic Pueblo County, CO
License Type: Recreational Marijuana Dispensary and Tier 1 Recreational Marijuana Grow Facility (1,800 plants)
Location: Pueblo County, Colorado
Asking Price: $1,700,000 (inventory to be sold separately)
Lease Details:
Monthly Rent: $10,000
Lease Renewal: November 23rd, 2023
Landlord Relationship: Positive and cooperative
License Specifications:
Tier 1 Recreational Grow Facility with 1,800 plant capacity
Outdoor grow license with potential for expansion to higher plant count and greenhouse development, subject to compliance with marijuana regulations and approval from state and local authorities
Plant Production:
Average Flower Plants: 1,800 for outdoor grow
Recreational grow has yielded 1,300 pounds of product in the last 3 years
Facility Specifications:
Recreational Dispensary Area: 3,996 sq. ft.
Recreational Grow Facility Area: 1 acre
Electrical and HVAC Systems:
Electrical: 600-amp three-phase system
HVAC: Six 4-ton units and four evaporative unit systems
Lighting Systems for Grow:
Outdoor grow facility; however, the building is wired with 240v plugs for indoor grow lighting
Staffing:
Employees: 12 dedicated team members
Retention: All employees are interested in continuing employment
Advantage: Low labor rates at this location
Additional Features:
Strong local market share
Texting program with over 3,000 subscribers for daily deals and marketing
Total customer base of 35,000
Revenue History (combined with Seller’s other businesses, see Listing 22-04):
Over $8.4 million in sales since opening
2019 Sales: $459,060
2020 Sales: $4,217,095
2021 Sales: $3,894,389
2022 Sales (to date): $15,050,000, including produced flower
Profit History (combined with Seller’s other businesses)
2019 Profits: $143,781
2020 Profits: $1,705,395
2021 Profits: $1,204,043
2022 Profits (to date): $230,000, after owner salaries
Included Assets:
4 POS systems, various computers, and printers
1 glass display cabinet
3 half-ton safes
DVR system with battery backup and 46 security cameras
Harvest freeze dryer
Flower packing and purging machine
Multiple industrial pallet racking systems
20-ton gallon hash washing machine
Washer and dryer
Full kitchen
Multiple stainless steel rolling benches
100-gallon water tanks
3 deep freezers
1 refrigerator
1 TV
Discover this exceptional investment opportunity to acquire a profitable recreational marijuana dispensary and grow facility in Pueblo County, Colorado. For more information or to schedule a viewing, please contact us.
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Retail
Monthly lease rate: $ 10,000
Lot size (acres): 1
Building size (sq ft): 3,996