Operational Turn-Key Dispensary, Delivery Business For Sale (Santa Ana, CA)

CannaMLS ID: 3877
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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
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Property Details

Has Buy-in Option:
No

The Dispensary is located in 1 of the Top 3 BEST LOCATIONS in all of Santa Ana! Currently the owner has licenses for both Retail and Non Storefront Retail on a 10k Sq.Ft. building, however the building is zoned for Cultivation, Manufacturing and Distribution. The business has done $4.3mil YTD in gross sales just from the Retail and Non Storefront Retail alone. With the additional open space, the possibilities are endless with this business. Implementing the other uses Cultivation, Manufacturing and Distribution and becoming vertically integrated will only add to the existing revenues, by cutting out the middle man. The dispensary has been able to stick out from the competition by having one of the largest variations of products in Santa Ana along with providing top tier customer service, creating a warm and welcoming experience for the costumers.

 

Cannabis Dispensaries have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries to remain open. Just as pharmacies are allowed to do, they are open for pickup or home delivery, home delivery is strongly encouraged. Now Dispensaries and cannabis deliveries are deemed critical! COVID-19 has been detrimental to many businesses all across the state, however cannabis businesses were labeled an essential business and like many recession proof businesses they have prospered exponentially during these times.

 

Facility:

Dispensary Allocated Space: 3,000 Sq.Ft.

Total Building Space: 10,000 Sq.Ft.

Property is zoned for an additional 3 uses: Cultivation, Manufacturing and Distribution

Details:

2020- Jan - May - $2.1M Storefront

2020 Jan - May $3M Deliveries

Jan 2020- May $5.1M on pace to do $12M 2020.

Both Uses: Recreational and Medical Sales permitted

No Stock Deals

Open to Some Seller Financing with at least $4.5M Down

Both Uses: Recreational and Medical Sales permitted

No Stock Deals

Open to Some Seller Financing with at least $4.5M Down

Licenses:

Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.

Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

 

Asking Price: $6,900,000.00 (Seller Financing Available, Minimum $4.5mil Down)  

Price: $6,900,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Santa Ana, California 92804