Marijuana Retail Storefront for sale in Denver, CO 80219

Frost Exotic Cannabis (“Frost Exotics”), Denver’s premier cannabis dispensary, formerly known as Diego Pellicer – Colorado, is a transformational cannabis retail concept that dares to reimagine the cannabis shopping experience, still brought to you by the dynamic and award-winning team that Denver knows and trust. Building on the experience that garnered a Cannabis Business Award for Best Dispensary/Center – Medical or Recreational and a Westword Reader’s Choice award for Best New Dispensary, Frost Exotics’ expanded on everything its customers had grown to love and appreciate about the former Diego Pellicer offering of the highest quality products while providing its customers with a new level of curated cannabis experiences. Frost Exotics digs deeper into providing leading brands and exclusive strains, having fun with creative and artistic aesthetic designs and colors, such a beautiful artistic 3D floating ceiling and walls, infusion of music and new lighting, unique local art, onsite product demos and popups, a loyalty program, and as always award-winning customer service. Frost Exotics is also one of the few dispensaries that actually offers delivery in Denver.

Contact email: frostexoticcananbis@gmail.com

Assets, Leases and Licenses

2949 W Alameda Ave, Denver, CO 80219 (Master Lease-Sublease)

12-Month Net Sales: ~$2M (as of 1/31/24)

Any and all licenses and permits necessary to operate the business including:

MED: 402-01120; Denver: 2022-BFN-0009841 (Medical

Dispensary)

MED: 402R-00540; Denver: 2022-BFN-0014856 (Recreational Dispensary)

Delivery: MED: 605R-00032; Denver: 2022-BFN-0014856

Any and all Inventory.

All Fixed Assets used in the dispensary, including displays, storage, machinery, equipment, and software.

All other retail assets, FFE, and IP included.

Existing team to remain at buyer’s discretion.

Any and all customer lists.

Any and all intellectual property, trademarks, and proprietary rights.

The goodwill associated therewith, all free and clear of any security interests, mortgages or other encumbrances.

Structure:

Proof of funds 

Asset Purchase Agreement

Listing Price: $1,750,000

Seller carry available with sufficient security, collateral, and/or guarantees.

Funds in escrow at definitive agreement execution.

Seller can provide an initial NDA and APA once appropriate.

Buyer to enter into a new lease with the landlord. The real estate is available for sale with 50% seller financing.