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Retail

Thriving Cannabis Dispensary for Sale in Nashville Area

Nashville, TN

Asking price
$2,150,000
Cash flow
$725,000
Revenue
$2,000,000
Multiple
3.0×

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About this business

Seize a remarkable opportunity to enter the flourishing cannabis sector in Middle Tennessee by acquiring a successful dispensary known for its high-quality products and exceptional customer service. This establishment benefits from its prime location, attracting significant foot traffic and fostering a loyal clientele. Equipped with an advanced point-of-sale system and a strong online presence, it is well-positioned for future growth. Key details include: • Gross Revenue: About $1,525,000 • Owner's Net Income: Approximately $725,000 • Equipment and Fixtures: Estimated at $40,000 • Lease: $1,900 for 2,728 sq. ft. • Staff: 6 Full-Time Employees • Reason for Sale: Health Issues • Projected Revenue for 2024: Over $1,700,000. Why choose this dispensary? • Established and Profitable: This is not just a business; it’s a thriving venture with a loyal customer base and solid revenues. • Innovative Technology: The modern point-of-sale system enhances operational efficiency, allowing you to prioritize customer engagement. • Community Engagement: This dispensary serves as a vital community hub, with a strong presence both online and offline, ensuring customer retention and attraction. • Quality Focus: Providing top-notch, well-sourced cannabis products guarantees customer satisfaction. • Limitless Potential: With increasing monthly sales and projected revenues exceeding $1.7 million in 2024, the growth prospects are substantial, especially with Nashville's rising interest in cannabis.

Details

Inventory$110,000
Furniture, fixtures & equipment$40,000
Real estateLeased
Established2018
Employees6
Reason for saleOwner’s health
LocationNashville, Tennessee

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