Rare opportunity to own an established Dispensary, Distribution License and the Real Estate. This Dispensary was the 1st one issued in Solano County ! Its located at a very busy intersection and has been servicing consumers for 10+ years and has even been dubbed the counties most premier cannabis destination!
In 2018, the business did $5mil in Gross Sales and $5.9mil in 2019 from the Dispensary alone not counting the sales the Distribution License can bring in. In 2020 the shop did $9M and in 2021, the shop is on pace to do $10mil!!!
The shop has a solid team in place which handles almost everything from logistics, marketing, customer service and administrative tasks. This is a truly well managed business from A-Z, offering an easier transition for the new owner where the established foundation created can help the new owner scale the company.
Licenses:
- Retail- Recreational (Adult Use) and Medical License issued for Retail Sales
- Distribution- Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors.
Details:
- Lot Size: 19,000 sqft
- Building Size: 995 sqft
- Medical & Recreational Sales Allowed
- 2018 Gross Revenue: $5mil
- 2019 Gross Revenue: $5.9mil
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2020 Gross Revenue: $7.9M
- 2021 Projections: On pace to do $8.9mil!!!
- Real Estate: Could be purchased for an additional $1,000,000.00.
Asking Price $8,500,000.00 ( Seller Financing Available w/ $5M 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
Or Email : sales@glbgroupinc.com
