Details
Asking Price: |
$3,250,000 |
Annual Sales: |
Undisclosed |
Cash Flow: |
Undisclosed |
Inventory: | $155,000 |
FF&E: | $550,000 |
Leasehold Improvements: | $1,368,000 |
Real Estate: | Available For Sale* |
Employees: | 19 FT |
Location: | Denver, Colorado |
Reason For Sale: | Other Business Interests |
Licenses: | Medical and Recreational Grow and MIP |
*Not Included |
GROW. This large, state-of-the-art, central Denver grow is just completing a full refurbishment, and is up and running, with almost a million dollars invested in renovations and upgrades. Growing rooms will be filled to capacity by year-end. The staff of experienced growers are producing the best cannabis in Colorado, all to benefit a buyer with the business smarts to grow this business to its full potential.
A total of 16,279 square feet is devoted to cannabis cultivation for the medical and recreational markets, equipped with a fully-automated Dosatron irrigation system and state-of-the art filtration, light fixtures, and over 200 tons of air conditioning. There are 296 double-ended flowering lights in addition to supporting veg and clones lights. The property is served with over 3,600 amps of power, distributed over a mix of 480v, 240v, 208v and 120v. This is a freeway-accessible, central Denver location that offers separate clone rooms, veg rooms, flower rooms, dry room, trim room, and storage.
This opportunity is perfect for an already-established grower who wants to expand their production capacity, or a newcomer who wants to rise to the top of the stack with the most up-to-date equipment around.
MIP. According to Cannabis Business Times and Cannabis Business Executive, concentrates make up the most vibrant category in the retail marijuana industry, with sales growing as much by 83.9 percent during 2016, continuing with strong growth of 37% in 2017, and expected to continue growing as cannabis users increasingly opt for the discreet and popular vape pens.
This Marijuana Infused Product (MIP) business opportunity offers a fully-equipped entry into this growing market category. It is housed in a beautiful, brand new, state-of-the-art, Div 1/Class 1 facility with an office and walk-in vault. Seller recently invested almost a half million dollars in upgrades and new equipment that produce wax, shatter, butters, and oil.
This facility’s new state-of-the-art equipment includes an Extraction Tek Solutions MEP 30 extraction machine with a Haskel recovery pump, 2 Labconco fumigation hoods, a rotary evaporator, 3 vacuum ovens and pumps, a commercial kitchen hood with induction range capabilities, a refrigerator, a freezer, a rosin press, ample work surfaces and much more. The 2,287 square foot floorplan is designed for maximum flexibility and includes everything needed to extract 15 pounds in 45 minutes. It includes both medical and recreational MIP licenses.
The MIP is staffed with experienced professionals who are skilled in top quality concentrate extraction, including an operations manager, extraction manager, extractor, administrator, and production and sales staffs. This facility won 1st place at the 2019 Connoisseur Cup for Shatter.
Don’t miss this opportunity to buy into this fast growing business niche.
Real estate may be available separately.
Represented by Joel Russman. Tell me more about this business.