Operating & Profitable Sonoma Cannabis Dispensary w/Growing Sales

Sonoma County, CA, USA
Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 563189

Posted on June 3, 2023 View Count 8

Status :
Price :
Size :
Cannabis or Hemp Use Allowed? :
License Can Be Moved to Another Location :
License Type :
Medical & Recreational
Sale Type :
Cash, Owner Financing
Company Name :
Cannabis Business Brokers, Inc.
Phone :

Since opening in early 2022, gross receipts have increased monthly and are expected to exceed $5.4 million for the period August 2023 to August 2024. The dispensary is profitable and well priced relative to profitability. Exquisitely designed and beautifully appointed, this dispensary is 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. Well located, in an area with high population density and new multi family construction, with good retail demographics.  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. Gross receipts are expected to continue to grow for the foreseeable future, due principally to extremely focused and strategic internet based marketing techniques, the appealing design of the shop and the friendly and knowledgeable employees. 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, although this dispensary is targeted to appeal to all customers, with its relaxing atmosphere and very helpful bud-tenders. Lease for 2172 sq. ft., at $4018.20 monthly, NNN expires March 31, 2028. Option to extend for one five (5) year period.  Seller is amenable to seller financing for a portion of the purchase price.  NDA and POF required.

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