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Licensed Recreational/Medicinal Dispensary (Solano County) #110

Popular Med., Rec. 

 Dispensary / Posted 7 months ago / 544 views

$3,950,000.00

Licensed Recreational/Medicinal Dispensary (Solano County)

Here we have a licensed and Permitted Recreational and Medical Dispensary opportunity in
Vallejo, Solano County, California (Option to buy Property). The cannabis market in Solano
County has great potential for growth in the retail aspect seeing that there are only 11 licensed
storefront dispensaries in the whole County and this is one of them, with a population of over
430,000 people. What separates this shop from the others is the presentation. Over half a
million invested to completely remodel and renovate. The shop grosses $1.8 Million a year with
a net of about $800,000 and comes with Wholesale Inventory. The Vallejo Council has
adopted its ordinance for Adult Use “Recreational” Cannabis in the recent months, and it is
expected that sales will increase 3x in the near future.

There are additional opportunities for Delivery, Cultivation, and Distribution from the facility and it is located
directly off of the main street.This opportunity also includes Web, Google, Instagram, Facebook, and Twitter
accounts with an the audience in excess of 10,000 people per month, and growing. This Dispensary is located
only a few miles from Six Flags and approximately 10 Miles from Napa Valley The current marketing the team
will continue working for the business to build out the brand, and continue the expansion of 12%
month-over-month growth.

The City Council adopted Ordinance No. 1785 N.C. (2d) on February 27, 2018, to allow the 11
Medical Marijuana dispensaries in possession of a permit to operate as of October 1, 2017, to
dispense and distribute recreational purposes, and deliver. These amendments came following
the February 6, 2018, City Council study session on adult-use or “recreational” marijuana
business in Vallejo.
Details:
Storefront: 1,500 sqft
Lease: $2,500/month
Option to purchase property: $300,000.00
Reason for Selling: Looking to get in another aspect of the Industry
Asking Price: $3,950,000.00 ( 90% of CUP License)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Kay Akel, BRE CA# 02061374

If you have any questions call Kay’s assistant Lawrence (818) 266-9596

 

dispensary for sale, cannabis shop for sale

 

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