Boston Cannabis Cafe & Dispensary For Sale
This is a unique opportunity to invest in a Cannabis Dispensary & Cafe in the Boston region of Massachusetts. Good opportunity to expand your investment portfolio and enter a billion-dollar industry with little to no experience. This cannabis business is well-established with a turn-key operation. The retail cafe provides a cozy atmosphere and large curated menu to create the perfect shopping experience, offering customers a relaxed environment that they enjoy.
Highlights:
- Profitable business with multiple-revenue streams
- Top quality products produced and sold
- High customer satisfaction with over 85% repeat customers
- Poised for growth by adding more products, hosting more events
- Growing merchandise line could be sold online: hats, shirts, mugs, decals, etc.
- Several licenses and able to make deliveries to/from vendors
Growing Market:
Cannabis industry set a new annual gross sales record in 2023, exceeding $1.56 billion, the Massachusetts Cannabis Control Commission (Commission) reported. The yearly total surpassed 2022 gross sales by $78 million. This marks the sixth consecutive year of record-setting growth in adult-use cannabis sales in Massachusetts. In 2023, more than 97,000 certified medical patients in Massachusetts helped account for another $225 million in sales. The combined total of $1.79 billion for adult-use and medical cannabis sales in Massachusetts also marks a new record for a calendar year.
Prime location near retail, restaurants, new industrial park, residential neighborhoods and major roadways. Tons of parking and well-lit signage.
Serious parties will have to complete NDA and Profile Form. Plus, provide proof of funds and bio/resume. Must be able to pass background and criminal background checks. This is an opportunity to join a profitable partnership. Seller is retiring.
Financials (USD)
Asking Price $620,000
Cash Flow Not Disclosed
Sales $3,700,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Yes
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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