Licensed and Operating Dispensary - Downtown Cheboygan

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 30802910
Property Subtypes: Business Services, Chemicals, Entertainment and Leisure, Financial, Food and Beverage, Health and Medical, Home and Garden, Manufacturing, Moving/Storage/Delivery, Personal, Professional Services, Real Estate, Retail Stores, Transportation, Wholesale and Distribution
Building Size (RSF): 1,500 SF
Sale Price: $1,100,000
Name of Establishment: Xact Cannabis
Year Business Established: 2021
Gross Revenue: $1,080,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 7/1/2022

Overview / Comments

Adorable operating downtown Recreational Marijuana Dispensary business AND real estate for sale! Completely renovated with modern finishes, 1,500 square feet, with both public and private parking. Located just 20 minutes from the Mackinaw Bridge, Cheboygan also limits the dispensary licenses to 6, so your competition is minimal.

This property is also available as a package deal with a permitted Class C grow warehouse located at 390 Riggs, Cheboygan, MI 49721.

Additional Details

Industry Segment: Other Business Services
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $550,000

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