Highly profitable Cannabis Dispensary+ Grow Facility & Equipment
Business Description
Established Colorado recreational cannabis dispensary with separate cultivation facility represents an exceptional acquisition opportunity. Founded in 2020, this profitable operation has demonstrated strong financial performance with three-year average revenue of $2.43 million and normalized Seller's Discretionary Earnings of $1.14 million.
BUSINESS OVERVIEW
Strategically located along a major highway in Dinosaur, Colorado, this dispensary serves both local customers and significant cross-border traffic from Utah and surrounding markets. The business has built a reputation for friendly service, broad product selection, and strong repeat customer base since opening.
The retail operation offers comprehensive cannabis products including flower, cartridges, concentrates, edibles, topicals, and accessories. An experienced management team of two managers and three budtenders handles day-to-day operations, allowing for minimal owner involvement while maintaining operational excellence.
CULTIVATION FACILITY
A significant value component is the separate 7,500 square foot purpose-built indoor cultivation facility on approximately three acres. Previously operational but inactive since 2023, this facility represents substantial infrastructure value and growth potential.
The cultivation facility features specialized rooms including flower rooms, vegetation room, mother room, clone room, dry room, warehouse, office, and secure storage areas. Extensive equipment includes cultivation lighting, HVAC systems, dehumidification, irrigation and automatic watering systems, tables, fans, scrubbers, and other specialized equipment.
GROWTH OPPORTUNITIES
The cultivation facility offers potential for vertical integration, allowing greater product control and cultivation margin capture. The three-acre property provides room for future expansion, subject to licensing and regulatory approvals. The existing infrastructure could substantially reduce time and capital requirements compared to ground-up development.
FINANCIAL HIGHLIGHTS
- Annual Revenue: $2,430,658
- Seller's Discretionary Earnings: $1,141,328
- Real estate included ($1,200,000 value)
- 8,700 square feet total building space
- Strong highway visibility and access
The seller is retiring and offers financing to qualified buyers with substantial down payment. This represents an opportunity to acquire both an established, cash-flowing retail operation and significant cultivation infrastructure in a single transaction.
BUSINESS OVERVIEW
Strategically located along a major highway in Dinosaur, Colorado, this dispensary serves both local customers and significant cross-border traffic from Utah and surrounding markets. The business has built a reputation for friendly service, broad product selection, and strong repeat customer base since opening.
The retail operation offers comprehensive cannabis products including flower, cartridges, concentrates, edibles, topicals, and accessories. An experienced management team of two managers and three budtenders handles day-to-day operations, allowing for minimal owner involvement while maintaining operational excellence.
CULTIVATION FACILITY
A significant value component is the separate 7,500 square foot purpose-built indoor cultivation facility on approximately three acres. Previously operational but inactive since 2023, this facility represents substantial infrastructure value and growth potential.
The cultivation facility features specialized rooms including flower rooms, vegetation room, mother room, clone room, dry room, warehouse, office, and secure storage areas. Extensive equipment includes cultivation lighting, HVAC systems, dehumidification, irrigation and automatic watering systems, tables, fans, scrubbers, and other specialized equipment.
GROWTH OPPORTUNITIES
The cultivation facility offers potential for vertical integration, allowing greater product control and cultivation margin capture. The three-acre property provides room for future expansion, subject to licensing and regulatory approvals. The existing infrastructure could substantially reduce time and capital requirements compared to ground-up development.
FINANCIAL HIGHLIGHTS
- Annual Revenue: $2,430,658
- Seller's Discretionary Earnings: $1,141,328
- Real estate included ($1,200,000 value)
- 8,700 square feet total building space
- Strong highway visibility and access
The seller is retiring and offers financing to qualified buyers with substantial down payment. This represents an opportunity to acquire both an established, cash-flowing retail operation and significant cultivation infrastructure in a single transaction.
About the Business
- Years in Operation
- 6
- Employees
- 4 Full-time
Company employees 2 Managers and 2 Budtenders - Facilities & Assets
- The offering includes the established Baxter Springs Dispensary retail operation consisting of 1,200 Square Feet along with a separate approximately 7,500 Square Foot purpose-built indoor cultivation facility situated on approximately three acres. The cultivation facility includes two flower rooms, veg, mother, clone and dry rooms, warehouse and storage areas, office, safe room, and extensive cultivation infrastructure and equipment, including lighting, HVAC, dehumidification, irrigation systems, tables, fans and related equipment. The grow facility has not operated since 2023 and is being offered as real estate, improvements and equipment rather than as an active cultivation business.
- Market Outlook / Competition
- Baxter Springs Dispensary is an established recreational cannabis retailer located along Brontosaurus Boulevard in Dinosaur, Colorado, with highway visibility and access to both local and regional customers. Management reports that the dispensary has developed into a destination for customers traveling from Utah and other neighboring markets, providing a broader customer base than the immediate local population alone. The business offers a broad selection of flower, cartridges, concentrates, edibles, topicals, accessories and other cannabis-related products.
- Opportunities for Growth
- A significant growth opportunity is the potential reactivation of the separate cultivation facility, which could allow a buyer to pursue vertical integration, greater product control and potential cultivation margin capture. The approximately three-acre cultivation property may also provide room for future expansion, subject to licensing, zoning, utilities and regulatory approvals. The existing purpose-built rooms, systems and equipment could substantially reduce the time and capital required compared with developing a cultivation facility from the ground up.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 8,700
About the Sale
- Seller Motivation
- Seller is pursuing retirement and other interests
- Transition Support
- The business currently operates with an experienced staff consisting of two managers and three budtenders. Existing management is capable of facilitating day-to-day operations, allowing for minimal daily owner involvement. Seller transition assistance and training can also be discussed with a qualified buyer to help facilitate an orderly transfer of ownership and continuity of operations.
- Financing Options
- Seller Financing to well-qualified buyer with substantial down payment
Listing Info
- ID
- 2550916
- Listing Views
- 4
Attached DocumentsAttachment Disclaimer
Confidential Information Memorandum Baxter Springs Final.pdf
Business Location
Listing ID: 2550916 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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