High Growth Cannabis Dispensary In Maine!
Asking Price: | $1,725,000 |
Gross Revenue: | $1,064,292 |
Cash Flow: | $296,783 |
FF&E: | $20,100 |
Quickly Growing Adult-Use Cannabis Operation In Maine
Fantastic opportunity!
This thriving and quickly growing adult-use cannabis operation in Maine is incredibly well-run and a wonderful opportunity for a new owner to step in and take it to the next level. The current owner has intentionally kept prices low despite having no competition in the immediate area. From 2022 to 2023, sales revenue more than doubled, and the rolling 12 months is currently tracking at 10% over CY 2023. With a modest price adjustment and a few other creative ideas, another 20-30% increase to sales is a very reasonable expectation for the next 12 months.
This a debt-free hands-off business, equally suited for either an absentee owner, or one who wants to roll-up their sleeves and get to work! Their staff of 6-7 FT and PT employees is led by an enthusiastic manager who loves the business and wants to be there all the time. The staff are kind and helpful, and are a real draw to this unique high traffic rural location.
Real estate will also be sold “by owner” to the buyer of the business.