Cannabis Dispensary License Includes Real Estate For Sale (Merced, California) #1541

Unlock a fantastic investment opportunity in the heart of Merced, CA (Pop 91k), that contains a sweet spot for population density for at least 15,000 people! This would be the ONLY dispensary location that is visible from the highly traversed 99 FWY and strategically located on the other side of the city from existing competition! This standalone cannabis dispensary comes with prime real estate valued at $1.5M, offered at just $1.9M for both the dispensary license and the property, representing a better value for those looking for hard assets.

Situated in a rapidly growing market, Merced is poised for expansion, making it an ideal location for cannabis retail. The current owner is also open to selling just the license, allowing flexibility with a lease arrangement that can be tailored to your needs.

While the business is not yet operational, this is a perfect chance for anyone looking to expand into new markets to continue the licensing and buildout process, establishing a thriving dispensary in a vibrant community. Don’t miss out on this rare opportunity!

Details: 

Space: 3,447 SqFt
Lot Size: 23,958 SqFt
Rent: $15k/Month 
Lease: TBD
Parking Spaces: 42
Not Operational 
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.
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: $1.9M (Seller Open to Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE CA LIC# 02077927

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Eric (858) 245-6324 & Drew (619 653-0483

Email: broker@glbgroupinc.com & ceo@glbgroupinc.com

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