320Listing ID: 245089GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $5,500,000
Status : ACTIVE
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational
City Tax Rate : 7%
Sale Type : Cash
Company Name : KO Acquisitions, Inc
Phone : 4155968468

Opportunity Highlights

Team – Founded by two highly respected California cannabis experts. Both founders have experience in Cannabis cultivation, extraction, manufacturing, branding, and retail.

History – Licensed for retail and delivery since opening in January of 2018.

Location – Located just off Highway 1, Client #KO1907 is ideally positioned for commuter traffic coming to and from Silicon Valley and the northern California beach communities.

Transferability – License Transfer is allowed in the County of Santa Cruz. The County of Santa Cruz has a positive working relationship with its cannabis operators.

Drive-through – Due to the pandemic, a large majority of 2020 sales have been generated through a drive-through system. The Client is now one of the only CA dispensaries with a drive-through window. 

Sales – Client #KO1907 had sales of $3,840,464 in 2018, $4,673,940 in 2019 and $4,646,586 for 2020 and is projecting sales sales of $5,058,200 for 2021. 

Cole Van Brunt

KO Acquisitions, Inc.

DRE License #02071144

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Cannabis & Hemp Banking
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