4841 Fenton RdFlint Township, MI 48507

For Sale
$1,495,000

Profitable Cannabis Business, Flint, MI

Overview

Added:
Dec 11, 2024
Days on market:
93
This established dispensary in Flint Township, Michigan, is offered for sale at $1,495,000. Operating profitably since May 2024, this business boasts a strong community presence and loyal customer base. The sale includes all business assets, inventory, and operational goodwill. Importantly, the real estate is excluded, allowing for flexible lease arrangements with negotiable terms to suit the buyer's needs. The 6,000 square foot facility features a high-end buildout valued between $1.1 million and $1.2 million, incorporating modern design and essential amenities. Located on Fenton Road (4841 Fenton Rd, Flint, MI 48507), this dispensary presents a compelling investment opportunity in Michigan's thriving cannabis market. The business's proven profitability, coupled with its prime location and established reputation, makes it an attractive prospect for entrepreneurs seeking to enter or expand within the legal cannabis industry. The impressive 22.22% cap rate further underscores the significant return on investment potential. This turnkey operation offers a seamless transition for a new owner, allowing them to capitalize on the existing infrastructure and customer loyalty. The sale provides a unique opportunity to acquire a successful, established business with considerable growth potential.

Highlights

  • Established dispensary in Flint, MI, operating profitably for over one year with strong community presence.
  • Sale includes all business assets, inventory, and goodwill; real estate is excluded, offering lease flexibility.
  • Negotiable lease terms.
  • 6,000 SF space with a $1.1M-$1.2M buildout, featuring modern design and amenities.
  • Asking price: $1,495,000; Cap Rate: 22.22%.

Property Details for 4841 Fenton Rd

Property type
Investment properties, Other commercial real estate
Square Feet
6,000 SF
Units
1

Location Insight

City
Flint Township
County
Genesee
State
Michigan
Latitude
42.980087922172
Longitude
-83.691821504597
4841 Fenton Rd, Flint Township, Michigan

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4841 Fenton Rd
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