Medical Marijuana Cannabis Turn-Key Dispensary w/ 5 Licenses for sale (Sacramento) #101Popular Med., Rec., Turn Key, Pending
Dispensary / Posted 10 months ago / 740 views
$20 Million Cannabis Opportunity – 5 California Licenses (Adult Use Dispensary, Cultivation, Delivery, Distribution, and Manufacturing) attached to a 2-Acre parcel that you OWN, with 2 thriving businesses and the ability to add many more! On January 1st, 2018, this was the first dispensary in the State of California with an Adult Use, Recreational License issued by the City of Sacramento. Currently there are over $20,000 in gross sales per day from the dispensary and another 2 facilities on the complex that gross over $3 million in cultivation. Without adding Delivery, Distribution or Manufacturing, 2018 Projections are for $11 million in sales. Currently under review is a 50,000 sqft facility that will be opened in 2019 that will add the ability to service over 1 million people in Sacramento and beyond. 2019 projected revenue of $45 – $50 million. Current ownership is ready to divest, or will grow this opportunity through 2020 with a valuation of over $50m. If you would like to enter the cannabis space, or are looking to increase your operations in the Sacramento area, let’s discuss the only opportunity to add all 5 licenses and operations to your portfolio!
What comes with the Business:
- $300,000 Wholesale Inventory
- 25,000 Patients in the Patient Base
- 24hr On-Site Security
- High Weedmaps ranking (#1 Form of marketing in the industry)
- Strong Social media presence
- 40 Highly Trained Staff Members
- 2 Acres
- 3 Buildings (1-Dispensary, 2-Cultivations)
- 2,400 sqft Dispensary
- (2) Cultivation 5,400 sqft
- 20 Parking Spots
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Kristian Peters, Broker #: 1308663
If you have any questions call Kristian at: 619-869-4720
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.