Fully Licensed Cannabis Marijuana Dispensary (Mendocino County)Popular Sold
Dispensary / Posted 7 months ago / 175 views
Locally Licensed Dispensary with the opportunity to add a delivery service . This business was formed in July of 2015 and opened the doors in spring, 2016. This particular dispensary is known for its amazing customer service, high quality products, and great atmosphere. The average ticket is $62, much higher than the $45 industry average. This dispensary has strong social media presence and a very strong local following. Patients come from all over the state to sample the high quality local products that they feature. Their efficient website links to their well stocked Leafly.com menu and an online doctor making getting a recommendation very easy for new patients.
This dispensary comes with $30,000 in wholesale inventory, very low operating expenses and a strong profit margin. All financials can be verified with Quickbooks, POS system & Credit Card statements. All inventory is bar-coded for easy inventory management. Strong relationships with licensed distributors already in place.
Potential for Growth?
This business has tremendous opportunities for future growth. Local license in place allows for expanded hours of operation, thus optimizing potential for increased revenue. The current ordinance also allows for deliveries, creating potential for expansion into a larger statewide delivery. Dispensary currently has a 1200 patient data base that is currently being underutilized for direct marketing, etc.
Because the state is requiring local approval and licensure in order to obtain a state license, this dispensary is positioned to be one of the first recreational stores in all of northern California.
The three board members have worked hard in creating an efficient, reputable business. Having worked closely with the city council and other community organizations, the community is very supportive of the dispensary and the service that they provide. However, the current founders have decided to explore other avenues and projects and would like to see the dispensary run by someone who fits into the Mendocino county way of life.
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Kay Akel, NMLS License # 268749
If you have any questions call Kays’ assistant at 619-795-4340