Cannabis Retail Dispensary Business For Sale In Resort Town (June Lake, CA)

CannaMLS ID: 7175
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Price: $599,000


Listing Details


Listing Category
Dispensary
Home Delivery

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


Price: $599,000

Listing Status: For Sale

Incredibly rare opportunity to acquire a unique Retail Storefront Business in the resort town of June Lake California. High Sierra is a craft cannabis boutique selling cannabis products and accessories in an absolutely beautiful retail buildout.  High Sierra is known for selling all natural, locally grown and organic cannabis products, many of which are exclusively grown for and therefore only found at this location. Open since 2019, this business has been profitable from Day 1 despite the pandemic and wildfires in previous years. This is the only licensed Cannabis Retail Store in the area with no immediate competition. The Craft Cannabis business model is unique in this industry in terms of product selection, custom packaging and branding. Included in this sale are nine different registered trademarks and training as required. Huge opportunities for growth exist as current owners are involved in other businesses and not actively marketing or promoting this business, are only open limited hours and are not delivering cannabis products despite the fact that it is permitted by the county. This truly is a “lifestyle business opportunity” for the right buyer– a unique business in a dream location. Alternatively, this is an excellent opportunity for an established operator with a footprint in California’s market to target a tourist destination in order to market an established brand.

About June Lake

Located at 7,654 feet above sea level in the Eastern Sierra and surrounded by pristine wilderness, the village of June Lake is a destination like no other. Containing 4 alpine lakes, 6 trailheads, a ski area, a wide range of lodging options plus numerous campgrounds, several restaurants, a brewery, a concert venue,  a health spa, several marinas as well many other recreational options. June Lake has millions of visitors from around the world and is a short 25min drive from Mammoth Lakes, CA – another world class resort destination.

Details: 

  • Rent: $5,500 /Month
  • Lease Terms: Negotiable
  • Space: Retail Area 450 SqFt (Total interior space is approximately 1,250 SqFt)
  • Plenty of parking including an ADA space
  • Beautiful 100k+ retail buildout
  • Large patio area that can possibly be used for future on-site consumption
  • Cannabis Delivery is permitted but not currently being done

Licenses: 

  • Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of 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.
  • Non-StoreFront Retail: Off-Premises Sales, Direct-To-Consumer.
     

Looking for Funding?

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.

Asking Price: $599,000.00 (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

Tom Milks, DRE LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.


Listing Details

Listing Status
For Sale

Location
June Lake, California 93529

Date Listed For Sale:
8/2/2022

Date Last Updated:
8/4/2022

Property Details

Pricing Details

Listing Price
$599,000

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