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Fully Operational Cannabis Dispensary Business For Sale (Santa Rosa, California)

Santa Rosa, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 717719

Listed On June 7, 2024 View Count 237

Listing Updated June 12, 2024

Price For Sale:
$399,000
NDA Required:
Yes
Company Name:
Green Life Business Group Inc
Phone:
(858) 245-6324
Email:
broker@glbgroupinc.com
Description :

Great opportunity to acquire a Fully Operational Cannabis Dispensary business in Santa Rosa, CA (Pop +339k)! The Dispensary  is fully operational and licensed both at the local and state level. This business is one of the only dispensaries with freeway frontage, and is in close proximity to the Santa Rosa Community College its dormitories, offering great exposure. It is also next door to anchor stores and a shopping center. Currently there are 5 employees that oversee the day to day operations and in Q1 of this year they have reached $385k in gross revenues. The sale would include the business including the license and the lease of space. Don’t miss out on this turnkey opportunity! This would be a great addition for a publicly traded company or giant MSO looking to add or establish their retail footprint in the NorCal market!

Revenues:

2023 Gross Revenues: $1.74M
2024 Jan-March Gross Revenues: $385k (On Pace to do $1.5M)

Details: 

Space: 2,200 SqFt
Rent: $7,500/Month
Lease Terms: EXP 3/26 w/ (2) 5 YR Options 
Wholesale Inventory: $150k
POS System: Dutchie 
Employees: 5
Parking Spaces: 9
Security: Employees w/ Guard Cards

Capital Invested: $3.7M

 

License:

(Annual) Commercial Retailer Adult Use & Medicinal: 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. 

Asking Price: $399,000.00 (Seller Open to Offers w/ $120k Down)

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

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions Call Eric (858) 245-6324 

Email: broker@glbgroupinc.com 

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

14,112 SF Operating Cannabis Cultivation In Muskegon

1938 Sanford Street, Muskegon, MI, USA

Cultivation/ Production

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Green Life Business Group Inc.
License:DRE CA # 02061374

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