CannaMLS ID: 263249
Created | Updated
Price
$ 525,000
Seller financing available
Dispensary License for sale at already approved/turnkey location. This is a well established revenue generating (since 2015) Turn-key Storefront/Dispensary
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial, Retail
Building size (sq ft): 1,200
Dispensary License for sale at already approved/turnkey location.
This is a well established revenue generating (since 2015) Turn-key Storefront/Dispensary - Licensed for both Medical & Recreational. Strip mall location close to major highway (90) interchange, easy on off access. Located near major truck stops, casinos, hotel, smoke shop, restaurants and other major shopping with good visibility. Well established loyal customer base. Market share in the Montana industry for over 14 years with a reputation for Hand Crafted, 100% organic cannabis. Dispensary size is 1200Sqf.
The Montana legislature has extended the moratorium on licenses for new businesses, which equates to no new licenses for another 2 years. This is a great opportunity for someone who is looking to target a major cannabis market in the Billings area, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry and acquire a turn-key business.
(see notes below).
No property is included in this sale. Only licenses as follows:
Tier 2 garden license
Tier 1 MIPP license
Dispensary License W/Retail Leased location in busy strip mall.
Included in the sale are all display cases, security equipment, 4K camera systems, NVR, POS system equipment, and various other equipment and furnishings. Glass ware and other accessories.
Flower products may be included in sale, prices reflecting current market value.
Owners can stay on board for a period of time to help train and ensure a smooth transition.
The owners are seeking to retire having been in the Montana industry now for 14 years. Rather than simply let the licenses go, we'd like to see someone new to the industry who could possibly benefit from them given the moratorium.
Selling:
Dispensary License and Leased Location: Cannabis friendly landlord. License/location is grandfathered.
Cannabis products can be included in the sale of the sale; Price on current inventory at time of sale.
Tier 2 Garden (needing to be relocated - no property is included).
Tier 1 Mipp Licenses (needing to be relocated - no property is included)
Seller financing with a significant down.
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial, Retail
Building size (sq ft): 1,200