This Dispensary is very well established and has all proper licensing along with their Provisional License from the state of California. This is an amazing opportunity for someone that is looking for a Turn-Key Cannabis Dispensary in Socal that has a Full-Absentee model in place.The shop has a 4.9 Star on Weedmaps, the largest most well known marketing site for cannabis business. In 2018, the dispensary grossed over $3.2mil, from just the retail alone not including the Distribution license.
This shop is full absentee and employee ran, with current owner spending minimal time and resources towards management and the business operations.The shop is in a great location along with opportunity for expansion and growth by applying for Manufacturing and Cultivation licenses. Seller has indicated that they are open to a small % of Seller Financing with the right group.
Retail & Distribution in Hand
Can obtain Manufacturing and Cultivation Licenses
Total Space: 6,420 sqft
P.O.S. Gross Sales 2018: $3.2mil
12 Display cases, 3 point of sales stations
Huge lobby and a very Large Med room, seats up to 15
Hours of operation: 10am-8pm, 7 days a week
Wholesale Inventory: YTD Inventory amount (6/6) $172,090
Plenty of Parking Spots
Lease Term: 5 years
Rate: $17,484 NNN
Reason For Selling: Owner is focused on a large scale 10 figure size Cultivation in Northern California.
Asking Price: $5,250,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.