High Revenue Producing Cannabis Dispensary & Delivery Business For Sale (Merced County)

CannaMLS ID: 5666
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Price: $7,300,000


Listing Details


Listing Category
Dispensary
Home Delivery

License Status
Municipal / local license granted
State / annual license granted


Price: $7,300,000

Listing Status: For Sale

We have an amazing Turn-key cannabis Dispensary & Delivery opportunity located in Merced County (Population of 285k+). The Dispensary has been in operation for almost 2 years and has accrued a strong patient base best known from their patients to have the best customer service, fast delivery times and wide selection of products. The Dispensary is located in a very busy retail area surrounded by large retail stores, dealerships, airports and Colleges. Currently the Seller does very little marketing in the last rolling12 Months the business has grossed $6,3M and $3.5M being the last 6 months. The delivery component is currently not operational allowing for an increase in potential revenue, by implementing the delivery aspect of the business and delivering across the surrounding areas. 

Details:

Space: 5k SqFt

Lease: 5 YR w/ 5 YR Option

Wholesale Inventory: $130,000

Avg Ticket #: $70/Order

Plenty of Parking

Gross Revenues Last 12 Months: $6,3M (This is with no delivery) 

Gross Revenues Last 6 Months: $3.5M

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: $7.3M (Seller Open to Offers) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

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 or Email: ceo@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Merced, California 95340

Date Listed For Sale:
10/11/2021

Date Last Updated:
10/12/2021

Property Details

Pricing Details

Listing Price
$7,300,000

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