The SDE Behemoth of Cannabis Opportunities in Maine!

Maine

Seller Financing Available

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Asking Price:$2,675,000
Gross Revenue:$1,670,477
Rent:$15,000/Month
Cash Flow:$842,000
Inventory:$20,745
Established Year:2019
BUSINESS DESCRIPTION

Simply put, this vertically integrated cannabis operation is an absolute monster of cash generation. This company features a top quality grow and two stores that together throw off over $840K in SDE on its way to a million. It's hard to imagine a better vertical in this dynamic and explosively growing market than this one. Don't wait on it, reach out now!
Leveraging long term existing relationships with the real estate and cannabis industries in Maine, the founder of this company located his two stores in exactly the right locations to create tremendous traffic at this company's retail location. A long and successful history of growing and growing methodologies combined with proven cannabis industry business practices have kept margins extremely compelling throughout this company's time in business. The owner of this company executed his vision of cannabis production and sales based on tried and true practices. The result has been nearly unheard of success from an SDE basis, last year totaling $842,000.00.

"I started out in my barn and learned the business until it grew to the point where I realized the quality I was able to produce meant I needed a store. I did a whole lot of elbow grease and a lot of money on leasehold improvements and the business just took off from there."
This operation dominates its competition.

While the flagship, and original location outperforms nearly every other store in the state, the second location has room to realize the success the flagship store enjoys. Room for growth is always also possible in the grow portion of the business as well.

Two retail locations and two grow locations


DETAILED INFORMATION
Location
Maine
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
08/10/2024
Support & Training
2 weeks
Reason for Selling
retirement
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Justin
Cotta Holmes
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Justin Cotta Holmes