Posted on May 31, 2022 / 11Listing ID: 405827APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,799,000
Status : ACTIVE
Size : 2172
Cannabis or Hemp Use Allowed? : Cannabis
License Can Be Moved to Another Location : No
License Type : Medical & Recreational
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash, Owner Financing
Company Name : Cannabis Business Brokers, Inc.
Phone : 480-313-6656

Exquisitely designed and beautifully appointed dispensary, located in a popular commercial center, with plenty of parking and curbside pickup. The shop offers an extremely wide selection of products in a relaxed setting, with affordable pricing for high quality products. The commercial center location is right off a main thoroughfare, with over a dozen other retail establishments, including a grocery store, a bakery, several restaurants, a liquor store and a clothing store. The location is very close to a college and many single and multifamily residences. Perfect acquisition for a chain looking to grow its brand or a first time entrant seeking a high quality asset. Seller is heavily implementing SEO, social media and other marketing techniques to grow its revenue and is experiencing excellent results. Current monthly gross sales are expected to be double on a monthly basis by year end 2022. Lease for 2172 sq. ft., at $5,321.40 monthly NNN, expires January 31, 2023. Options to extend for two five (5) year periods. Seller has purposefully distinguished the look and feel of its shop from its competitors, many of which are in older facilities established in the medical era. Seller’s clean, open design and easy access, offer an inviting and modern alternative experience. Sonoma County’s population exceeds 500,000 and is growing; and it boasts a low 3% unemployment rate. College aged customers comprise a strong customer component of the shop. However, seniors comprise the fasting growing population segment of the county. While this dispensary is targeted to appeal to all customers, it will particularly appeal to seniors with its relaxing atmosphere and very helpful bud-tenders. Seniors are a rapidly growing cannabis customer base, who have strong disposable income and are loyal repeat customers. 50% Seller financing, amortizing monthly.Seller is available to assist in the transition of the business to the Buyer. NDA and POF required.

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Cannabis & Hemp Banking
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