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Mendocino County’s Longest-Running Dispensary

17975 California 1, Fort Bragg, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 899166

Listed On May 30, 2025 View Count 171

Listing Updated June 5, 2025

Price :
Inquire for Price
Business Overview :
Gross Revenue:
$1,450,000
EBITDA:
105,000
Year Established:
2011
Number of Employees:
5
Inventory Included:
Yes
Estimated Value of Inventory:
$100,000
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$50,000
Outstanding Liabilities & Debts:
No
Growth and Expansion Opportunities:
The business has a very steady daily stream of regular customers, even during the slow winter months. Add delivery & onsite consumption (prior licenses that can be renewed) Activate underutilized space: only 15% currently used for retail Partner with adjacent distribution license for vertical integration Tap into Mendocino’s $285M tourism economy and wellness travel market Owner Involvement & Transition
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use, Medical
License Activities:
Retail / Dispensary
Business Location Details :
Business Location:
Leased
Rent:
$1,625
Number of Parking Spaces:
15
Size:
2,178 Sq. Ft.
Terms :
Financing:
Cash
Broker Co-Op:
Yes
NDA Required:
Yes
Support & Training Offered:
Founder is willing to stay involved post-sale for brand continuity, patient education, and transition support. Full team, including operations manager, can transition to new owner to ensure business continuity.
Reason for Selling:
The founder of the business, after decades of serving as a very prominent voice in the cannabis market, both locally and state-wide, is now in retirement age.
Company Overview :
Description :

Overview
Founded in 2011, Dragonfly Wellness Center is Mendocino County’s longest-running licensed retail cannabis dispensary, uniquely combining adult-use and medicinal cannabis with holistic wellness services. Located on Highway 1 between Mendocino and Fort Bragg, this turnkey business benefits from high tourist traffic, a loyal local customer base, and an experienced, tenured staff.

Highlights

13 years in business with a spotless safety and compliance record
Licensed for adult-use retail cannabis
Wellness-focused: retail storefront, treatment room, yoga/classroom space
Strong brand recognition with deep community ties
Over 100 unique daily visitors even during winter months; loyalty program with 1,000+ members
Social media: strong social media presence with community ties
5,000+ SKUs across all cannabis product categories (flower, edibles, topicals, vapes, etc.)

Key Differentiators

Very competitive prices & large inventory (based on Weedmaps data)
The only loyalty program in the area
Active educational programming: free classes, patient counseling, and events
Perfect location with private parking and 1M+ cars passing annually
Class-leading customer experience: 50%+ clientele over age 65

Ideal Buyer
A mission-aligned operator or investor seeking a profitable, community-rooted cannabis business with growth potential in both retail and holistic wellness sectors.

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Contact: themos@drivemeta.com

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