Turn-Key Cannabis Retail and Delivery Business For Sale (Seaside, CA) #349

New 

 Dispensary Retail Storefront with Delivery / Posted 4 weeks ago

$8,000,000.00

Great opportunity for a well established, high grossing cannabis dispensary & delivery opportunity in Monterey County (Population 33k +). The shop now offers curbside pickup along with traditional delivery and retail access for its customers. There is ample parking and easy access off a main road, there is also room to expand the current size of the facility. The gross revenues for 2020 are projected to hit $8 million and this is only from the retail and delivery, the facility is also zoned for Distribution which can be an added revenue source for the business.

Cannabis Dispensaries have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries to remain open. Just as pharmacies are allowed to do, they are open for pickup. Now Dispensaries and cannabis deliveries are deemed critical! COVID-19 has been detrimental to many businesses all across the state, however cannabis businesses were labeled an essential business and like many recession proof businesses they have prospered exponentially during these times.

Details: 
  • Space: 3,600 SqFt
  • Lease through June 2021 w/ (2) 3 YR Extensions
  • Rent: $7,400/Month
  • Projected 2020 Gross Revenues: $8M
  • Sellers will assist with the transfer transition

Licenses: 

  • Dispensary: Is permitted to sell cannabis goods to customers at its premises or by delivery. The business has a licensed facility where commercial cannabis activities occur.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer

 

Asking Price: $8,000,000.00 (Seller Financing Available)  

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

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

cannabis retail, cannabis dispensary, marijuana shop, cannabis broker, cannabis brokers

  • Select Status label: Med., Rec., Turn Key