Recreational THC Dispensary/Smoke Lounge on Clearwater Beach

Clearwater Beach, FL
Front of Pelican Plaza
Asking Price:$240,000
Gross Revenue:$475,000
Rent:$3,712/Month
Established Year:2014
Cash Flow:$75,000
Inventory:$5,000
FF&E:$3,000
BUSINESS DESCRIPTION

1st Recreational THC Dispensary/Smoke Lounge in Florida!
Located on the vibrant strip of America's #1 Beach, Clearwater Beach (Tripadvisor 2019) in the exciting Pelican Plaza. This very profitable business has been Clearwater Beach's leading THC dispensary for several years. The vast majority of products sold are sales tax FREE. Their cannabis products are holistic and natural, helping to heal and treat disease which makes it an essential business. It's also a Dab Bar which is growing in popularity mainly due to it’s anecdotally fast relief time from pain and other medical concerns. Over 9 million tourist are expected to visit Clearwater Beach. You can imagine the business potential in high season, not to mention spring break. The impressive growth of this pioneering business shows no signs of slowing anytime soon. A fun and relaxing environment which is zoned for legal, recreational cannabis smoking inside and outside. LGH Dockside has a great reputation and huge online presence with a loyal following. Special events such as live musical acts and DJ entertainment hosted by the buisness owners reinforces the already dedicated clientele. The owners are the foremost experts and pioneers on legal cannabis and cannabis use. You can find out more about their incredible story of healing on Hulu's "We The People" documentary and soon to be released Netflix documentary, yet to be named. For additional information and financials contact Anthony Maccaroni at 727-641-0271 anthonymaccaroni@gmail.com


DETAILED INFORMATION
Location
Clearwater Beach, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
23/06/2028
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sale includes all FF&E and inventory
Competition
Only one other dispensary on the Beach
Growth & Expansion
Incredible growth potential
Financing
Ask agent for financials
Support & Training
Owner will stay on for 30 days to train.
Reason for Selling
Personal Reasons
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Georgette
Gillis
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Georgette Gillis