Potential Buyer,

The Non-Disclosure Agreement (NDA) link is: http://companybroker.com/buyer-profile/  If it is blue you should be able to click on it, if not please cut and paste that to a URL line. This will allow me to send you the Full Sales Package containing a Detailed Data Room with Financials, a Comprehensive Video on the Entire Operation and a Full Interview with the Owner. If you have any questions or comments on the NDA, please email me at jce@companybroker.com or call me at 303-905-7607.  Thank you. Jeff.

Marijuana Business For Sale:

Marijuana Recreational & Medical Retail Store and Recreational & Medical Grow Operation.

South Front Range Colorado.

The best high traffic Recreational & Medical dispensary and grow facility in a well-known and growing town.  The business consistently has over 2M in gross revenues per year.  The company’s top and bottom lines are growing.

The building has a turn-key cash-flow positive retail store, an indoor grow operation that has room to build out an additional 18,000 plus square feet with the capacity to accommodate a tier 2 & 3 grow operation, and for many reasons, it has a very valuable license.  Plus, growers can buy the building and grow much more economically than in the Denver Metro area.   The market conditions in this location are extremely favorable and boast one of the highest per-capita sales of cannabis in the state.  

They opened their recreational & medical store and grow operations in late 2014. They also sell a wide selection of medical and recreational products from the largest brands in Colorado, which include concentrates, oils, vape pens, edibles, topicals and a full line of accessories. They have a tier 1 grow license.

marijuana business for sale coloradoThe price for the retail operation is 1.4M plus inventory which is approximately 100K.  The building is being offered at 1.5M and the seller will not sell one without the other being sold also.

This business has many long-standing customers and referral relationships which means Recurring Revenue which always supports a higher multiple.  This business will not change after the sale based on their reputation and location.  They maintain very high ratings in both Weedmaps and Google with very positive comments.

The owner is of retirement age and is selling due to retiring.

The owner states that “they believe growers can grow more economically in their location than in the Denver Metro area because of the much lower cost per square foot in building, lower cost and availability of employees, and buildout cost.  The building is perfectly suited for a large in-door grow operation which could significantly lower growers costs.”  Buildings of their size in the Denver Metroplex cost over 5M compared to their 1.5M, employees are 2/hour more expensive in Denver than in their market, and employees are easier to find from a lack of other options.  They already have the skilled employees to manage a larger operation.

A buyer must get pre-qualified from the State of Colorado which must be completed before the owner will consider entertaining any offers or allowing complete access to the details of this business.  The owners believe their license will transfer to a pre-qualified buyer as smoothly as the law allows.   They believe there will be no issues in the transition as long as the buyer completes all licensing requirements and follows all regulations.

This business is 5 years old and have a solid name and the finest reputation for fair dealings.  They are in good standing with the City, County, State and MED.  They have a great record for safety (OSHA) and no legal battles. They run a sustainable green operation where all water, soil, and plant materials are captured and recycled.

Building(s):  The retail store is approximately 1,500 square feet on street level with an opportunity to add an additional 1,500 square feet of unoccupied space.  The indoor grow operations consist of 20,000 plus square feet which is designated for recreational and medical growing, or other potential process operations.  The initial phase 1 grow operations includes 4,100 square feet is being used for their tier 1 recreational & medical growing operations.  The location has a great floor plan, very functional, efficient, in good shape, and is up to all commercial codes.  The tier 2 plan has a fully enclosable area approximately 5,600 square feet that with the ability to allow for 2 floors of tier 2 growing totaling 11,200 square feet.  In addition, there are plans for tier 3 which includes an additional 5,000 square feet grow area, enclosed genetics area, sustainable process area, and enclosed garage for secure transport.  Plus, the HVAC, and the electrical has been upgraded including new transformers. lighting upgraded or added new, and the grow equipment have all been replaced or added in recent years. The building and entire operation has security cameras and fully compliant with city, state and MED.   The property has plenty of parking, including designated handicap spaces and is ADA compliant.

Thank you for your consideration,

Jeff Chapman Eisnaugle

Direct 303-905-7607

Office 303-284-7025

Fax 720-524-6482

jce@companybroker.com

This is prepared by Company Broker Group with information provided by the Seller.  This is a marketing piece that neither the Broker or the Seller are responsible for its accuracy.  This information is not a substitute for a buyers due diligence which buyers are responsible for doing before they buy.  Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections.  The information contained in this e-mail message is confidential and protected from disclosure except to banks, partners, and other potential sources of funding whom must be told that they are part of your non disclosure agreement. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you have received this e-mail message in error, please reply to the sender and delete it from your computer.

The information contained in the marketing piece has been obtained from a source(s) that are believed to be reliable; however CBG has not verified any of the information and will not warranty or guarantee or indemnify its accuracy.  Buyers must verify this information to their complete satisfaction before completing any purchase of any business represented by CBG.

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Seller’s Agent: a seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the seller’s agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.

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