Central City Dispensary – Storefront

$2,500,00

Quick Overview

Central City, CO

This is where the property is located.

966SF

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2 License

How many licenses this property has.

.5

This is the Acres

Yes

Multi Property

The type of license the property has.

Property Photos

Additional Information

Package Price: $2,500,000

 

Description:

$1,000,000 for the grow and $1,700,000 for storefront. Real-estate for both locations is included in the price. Seller is ready to negotiate!

Note:

This listing is part of a multi-property deal.

Address:

The storefront is located at 440 Lawrence St., Central City, CO 80427

License One:

Name: Green Grass LLC
DBA: Green Grass Central City
Type: Retail Marijuana Store
License No.: 402R-00066
Expires: 1/1/2019

License Two:

Type: Retail Marijuana Cultivation Facility
Type: Center – Type 1
License No.: 402-00491
Expires: 8/16/2018

Location:

The storefront is located in the mountain town of Central City. The storefront is on the last road out of Central City into BlackHawk and receives a generous amount of both local and tourist activity. We highly recommend secret shopping there as it is a beautiful store and only a 45-minute drive from downtown Denver. Central City recently put a cap on Storefront Licenses, so there will be no new dispensaries allowed in the city. Currently, there are 6 facilities including the subject property.

Lot:

4,000 Sq. Ft.

Building Size:

966 Sq. Ft. (Standalone)

Year Built:

1898

Signage:

Street view signage

Parking:

3 spots

POS:

3

Gross Revenue in 2017:

$1,360,955

Net in 2017:

$273,981

Average Number of Invoices Per Day in 2017:

56.6

Average Price Per Invoice in 2017:

$45.09

Other Assets:

Entry room/ Head shop
Computer
Custom display cases
Retail room
2 POS stations (Green Bits)
2 iPads
2 Cash Drawers
2 receipt printers
1 weight station
Label Printer
2 Safes
Custom Display Cases and product display shelving
Medical Room (85sq’)
POS Station (Green Bits)
1 iPAD
Receipt printer
Cash drawers
1 in wall safe
Custom Display Case and shelving
16 Channel HD DVR and Battery Backup

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