502 Marijuana Retail Store – Lacey

Business Summary:
This is a Unique – One of a Kind – Retail store. Stand alone building with lots of parking on two sides and in back of the building. The back yard is partly fenced off for secure deliveries. The business has great street visibility. Unique outside design with lots of lights and marquee boards. The business opened in last part of September 2016. It has been operated since the beginning by management. It is currently run by two managers and 7 staff – way over staffed. What this store needs is an owner operator who can spend time with the staff (training them – overseeing them) – get to be known in the community (become involved in Community events) and spend time marketing the business. The current owner lives over 2 hours away and may drop in once a month. The inside is one of the most unique and memorable interiors for a marijuana store. It has special lighting effects in the ceilings and floors, it is laid out to best utilize the space to show off the products while at the same time provide security and safety for the employees and shop. There is the main show room with three sales stations, a quarantine room, a stock room, 2 bathrooms, a staff room, and an office. The business has fluctuated, due to the absence of the owner, but has generally settled around $2,000 - $2,500 per day. The business could easily double this with some attention to social media, community involvement, and a hands on owners touch. The current owner has no background in marijuana, does not use it, and has no real knowledge of the marketplace. The business is clean and has no violations and has a good reputation with the LCB. It is licensed for both retail and medical sales. The business has some exciting new vendors coming on that will certainly boost the sales – unique products not sold in this State before. The owner’s consultants will provide 2 weeks of onsite training and will continue to consult after that for a fee. This is priced to sell fast – almost at the cost of the license without a business.$500,000 price drop