Medical Cannabis - Two Established Locations: Midcoast and Capitol

Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$300,000
Included in asking price
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Medical Cannabis - Two Established Locations: Midcoast and Capitol


Asking Price$750,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$300,000
Included in asking price

Seller Financing Available
Business Description
Two long stablished Medical Cannabis Stores in the Midcoast and Capitol!

For nearly 20 years we have sought to improve the lives of our patients and promote their well being through cannabis.

From seed to sale we curate and deliver consistent, effective, and affordable medicine, coupled with a knowledge base that serves each customer's needs.

Greenport became the first retail store in the town following overwhelming local voter support for cannabis operations. Since it's establishment eight years ago we have served thousands of patients, from both local and afar. In that time we have been exemplary neighbors having had zero complaints or regulatory issues, and have created a solid relationship within the towns we serve.
About the Business
Years in Operation
8
Employees
7 Full-time
Facilities & Assets
Two medical cannabis retail locations. One is long-term lease with 8 years in operation. Second location is owned building which houses the medical storefront along with a State approved kitchen for the edibles company. Sale to include real estate, edibles company, and licenses for both retail stores.
Market Outlook / Competition
The medical market has tightened resulting in greater opportunity for those providers wo have established retail locations. Mainer's are a discriminating and fiercely loyal consumer base. We have served thousands of Patients from across our State and beyond, with many returning year after year. Our Midcoast location is located in the downtown of own of Maine's most visited coastal communities. Our capitol city store is located on one of the cities main arteries and see's over 14,000 vehicles pass per day.
Opportunities for Growth
The edibles company easily supplies the needs of two retail stores along with existing wholesale contracts. Both medical storefronts could expand to offer delivery service and/or online ordering, tools so far limited only by staffing levels. Additionally, the forthcoming cannabis rescheduling will present established store owners with extensive new deduction opportunities including those pertaining to advertising and employee cost.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,800
About the Sale
Seller Motivation
Business owner is moving into real estate sales and operation of a restaurant.
Transition Support
Greenport has been a successful part of the industry for nearly 20 years and we can offer guidance, a solid supply chain, and access to an extensive network of colleagues in the Maine medical cannabis industry.
Financing Options
Potential for owner based financing
Listing Info
ID
2512662
Listing Views
Business Location

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Business Listed by: Ryan Ellis

Listing ID: 2512662 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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