The Dispensary is located in 1 of the Top 3 BEST LOCATIONS in all of Santa Ana! Currently the owner has a license for Retail on a 31k Sq.Ft. building, however the building is zoned for Cultivation, Manufacturing, and Distribution. The business is on pace to hit $5.1million in gross sales for 2020. 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. 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.
Dispensary Allocated Space: 3,000 Sq.Ft.
Total Building Space: 31,000 Sq.Ft.
Property is zoned for an additional 3 uses: Cultivation up to 22,000 SqFt, Manufacturing and Distribution
On pace to hit $5.1million in gross sales for 2020.
Both Uses: Recreational and Medical Sales permitted
No Stock Deals
Open to Some Seller Financing with at least $4.5M Down
Asking Price: $6,900,000.00 (Seller Financing Available, Minimum $4.5mil Down)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Drew (619) 653-0483