4-Location Licensed Cannabis Dispensary Portfolio New Mexico

Asking Price: $1,400,000

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4-Location Licensed Cannabis Dispensary Portfolio New Mexico


Asking Price: $1,400,000

Asset Sale Description
HS Listing ID-70990

Rare Multi-License Cannabis Retail Opportunity in the Heart of New Mexico’s #1 Market

Hedgestone Business Advisors is proud to present an exclusive, confidential offering of four (4) licensed cannabis retail dispensaries operating in New Mexico — one of the Southwest’s most active adult-use cannabis markets.

Three locations are fully operational and generating combined revenue of $587,864 over the trailing 9 months (July 2025–March 2026), with an annualized run rate of $783,818. A fourth location has been fully built out, permitted, and is ready to open immediately — representing significant upside for any incoming operator with no additional licensing or buildout cost.

All four locations hold active New Mexico retail cannabis licenses with grandfathered zoning protection — a critical competitive advantage that cannot be replicated at any price under current regulations.

The Numbers

Asking Price: $1,400,000

9-Month Revenue (3 stores): $587,864

Annualized Revenue Run Rate: $783,818

Avg Monthly Revenue: $65,318

Inventory On Hand (4/1/26): $131,206

Business Balances (FCI + Accounts): $104,688

License Value (4 licenses): ~$300,000

Revenue Multiple: ~1.77x ARR

Combined Monthly Rent (all 4): $15,601

Why This Deal Makes Sense

4 active retail licenses — grandfathered zoning, not subject to current setback restrictions. These are irreplaceable in today’s regulatory environment.

Revenue from day one — three stores open with established customer bases, staff, and operations in place. No startup risk.

4th store is a free option — fully built, permitted, and ready to flip the sign. At current run rates, that’s an additional $175K–$250K in annual revenue waiting to be unlocked.

Break-even = room to win — a qualified operator with cannabis retail experience can drive meaningful profitability through cost rationalization and operational scale across all four locations.

Multi-location leverage — shared purchasing, marketing, staffing, and brand presence that single-license operators can’t match.

Strong asset backing — approximately $535,000+ in hard assets (licenses, inventory, business balances) supports the asking price.

Deal Structure

Asset purchase, going-concern sale

Includes: 4 licenses, all inventory, leases, FF&E, and goodwill

Inventory transferred at verified cost at close

Seller financing open to discussion

License transfer subject to NM Cannabis Control Division approval

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Sale
Transition Support
Yes.
Seller Motivation
Other business interests.
Listing Info
ID
2502272
Listing Views
27

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Business Listed by: Shmulie Shear Hedgestone Advisors

Listing ID: 2502272 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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