NEW PRICE: Additional- 3 Retail Marijuana Retail Stores
Seattle, WA
| Asking Price: | $4,000,000 |
| Inventory: | $600,000 |
| FF&E: | $1,500,000 |
| Gross Revenue: | $5,700,000 |
| EBITDA: | $1,750,000 |
| Established Year: | 2017 |
Listing ID: 1954748Listing provided by BizBuySell
BUSINESS DESCRIPTION
Three Profitable Marijuana Retail Stores Sold as a Package
Substantial price reduction: $4,000,000 for 3 operating performing retail marijuana stores and licenses located close to I-5 Freeway in Washington State. Price is at 70% of trailing year sales of last year: $5,700,000.00. Stores rents are $ 5000, $ 4800 and $ 4000 per month, all real estate is owned by Seller (ROFR to purchase real estate included). 5 year fixed triple net leases and sell after 5 years at market price. NDA and proof of funds will get you details and 3 years of P & L's.
All management can stay, and seller will train. Seller owns all three properties, on which free standing buildings are located.
DETAILED INFORMATION
Location
Seattle, WA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
10,000
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3 Free standing buildings. 2 stores almost new
Competition
2 of the stores are high performing, in the top 10% in the market area. One store is new, with limited competition, on state highway.
Financing
Seller owns real estate
Support & Training
Yes
Reason for Selling
Owner retiring
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