INDOOR GARDEN SUPPLY

Summary

DISPENSARY LOCATION / Operating Grow-Shop for sale.  Located in recently approved limited area for dispensaries in Grand Rapids Michigan. This listing is for an operating retail store in a “freestanding brick & mortar” building, selling indoor gardening supplies, established in 1999. Annual gross sales average around $2,500,000 yearly for each of the last 3 years. 10-12 years ago, the business peaked at over $14,000,000 in yearly sales for several years, and has a nationally respected name, and an outstanding reputation as one of the first indoor gardening retail stores opened in the entire country. The business is located on a high traffic, 5 lane main road leading into downtown Grand Rapids, on “The Medical Mile”, with entrance/exit ramp to adjacent highway I-196 less than one block away. 23 car parking lot next to building (double lot). Sale could include website and domain established in 1998. Owner is interested in selling business to someone that will eventually open a dispensary in this location. While waiting for license approval, the retail store will give the buyer wholesale connections with all “indoor garden supplies” vendors in the industry. We are an approved vendor doing business with all wholesaler gardening suppliers in the industry.

Listing Agent: Doug DeJonge ALTUS GROUP      616-974-5078          ddejonge@altusgroup.net

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