ADD FREE LISTING

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

Santa Rosa, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 707769

Posted on May 7, 2024 View Count 87

Price For Sale:
$1,200,000
Facility & Tenant Improvements:
Space: 8,620 SqFt (Retail Showroom 1,600 SqFt) Rent: $13,943/Month + CAM ($15,993/Month) Lease: 5 YR Lease w/ (3) 5YR Options Employees: 12 Point of Sale System: Blaze Wholesale Inventory: $164k Patients/Customers in Database: 43k Parking Spaces: 20 Capital Invested into Business: $1.3M Also Included in Sale: PCs, Ipads, scanners, printers, security equipment, TVs
NDA Required:
Yes
Company Name:
Green Life Business Group Inc
Phone:
(858) 245-6324
Email:
broker@glbgroupinc.com
Description :

Seize the chance to own a thriving cannabis business in the heart of Santa Rosa, CA (Pop. 176k)! This fully established dispensary has generated $2.2 million in gross revenues from January to November 2023. Boasting a spacious 8,000 SqFt facility, 1,600 SqFt of it is allocated to the Dispensary showroom, the business is fully licensed at both the city and state levels for Dispensary. The business is also licensed for Delivery, but the owners are not utilizing the Delivery component. The new owners could implement the license and be able to deliver as far as logistically possible to consumers. 

The owner has strategically secured a long-term lease at an unbeatable rate of $16,000, including all CAM expenses. With a total investment of $1.3M, the business is meticulously built out, offering a turnkey operation for the next owner. Santa Rosa’s advantageous low tax rates for cannabis businesses make this opportunity even more enticing. Capitalize on this opportunity and cannabis market in a city with a welcoming regulatory environment. 

Revenues: 

2022 Gross Revenues: $3.2M
2023 Total Income: $2,475,237.37
2024 Total Income Jan-March: $517,831.76

Details: 

Space: 8,620 SqFt (Retail Showroom 1,600 SqFt)
Rent: $13,943/Month + CAM ($15,993/Month) 
Lease: 5 YR Lease w/ (3) 5YR Options 
Employees: 12
Point of Sale System: Blaze 
Wholesale Inventory: $164k
Patients/Customers in Database: 43k
Parking Spaces: 20
Capital Invested into Business: $1.3M 
Also Included in Sale: PCs, Ipads, scanners, printers, security equipment, TVs

License:

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: $1.2M (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

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.

Retail Dispensary form sale with option to buy building

Hamilton Street, Somerset, NJ, USA

Retail Stores/ Dispensaries

Create an account

I Agree to 420Property’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

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

420 PROPERTY SEARCH

Hemp Only Listings

Listings You May Also Like

Cannabis Tier 5 Dispensary W/ Full Local Approvals For Sale (Scotch Plains, New Jersey)

Scotch Plains, NJ, USA

This listing presents a rare opportunity to acquire a Cannabis Class 5 Dispensary business in New Jersey. The business has a fully approved Annual Cla

Retail Stores/ Dispensaries

Cannabis Type 2 Manufacturing License For Sale Real Estate Included (Moffat,CO)

New York, NY, USA

Unique opportunity to acquire a fully licensed cannabis manufacturing business with the Real Estate included (Valued at $1M) in New York, New York (Po

Manufacturing / Processing

Oxford – Turnkey Provisioning Center & Industrial Space

850 South Glaspie Street, Oxford, MI, USA

Municipal Approved Adult-Use Provisioning Center availablefor sale or for lease - license and real estate included.The location is fully built out; al

Retail Stores/ Dispensaries

Operational Turnkey Cannabis Delivery Business For Sale (Oakland, California)

Oakland, CA, USA

This is an excellent opportunity for someone looking to acquire a Delivery business in Oakland, CA (Pop +433k)! This is a general license, not Social

Delivery