Fully Operational Annual Cannabis Dispensary Business For Sale (Santa Rosa, California) #1290

  • $399,000
For Sale Med New Popular Rec Turn Key
Fully Operational Annual Cannabis Dispensary Business For Sale (Santa Rosa, California) #1290
  • $399,000

Business Description

$175k Down Gets you in the Door!!! 

Seize the opportunity to step into the flourishing cannabis industry right in the heart of Santa Rosa, California, a vibrant city with a population of 176,000! In 2023 alone, the business raked in an impressive $1.536 million in gross revenues! Spanning over 1,600 square feet, the dispensary provides ample space for customers to explore a wide range of cannabis products. What’s more, the business is fully licensed at both the city and state levels, ensuring compliance and a seamless transition for the new owner.

A long-term lease has been secured at an unbeatable rate of $16,500, offering stability and favorable terms for years to come. With a total investment of $500,000, you can step into a turnkey operation, sparing you the hassle of setting up from scratch. Every detail has been meticulously arranged, from the layout of the facility to the procurement of inventory, providing a solid foundation for continued success.

Santa Rosa’s advantageous low tax rates for cannabis businesses add further allure to this opportunity, promising enhanced profitability and a favorable economic environment. By capitalizing on this opportunity, you’ll not only tap into the local cannabis market but also benefit from operating in a city with a welcoming regulatory framework.

 

Details:

  • Space: 1600 Sq Ft
  • Rent: $16,500k/ month 
  • Lease Terms: 10 YR w/ (2) 5 YR Options
  • Operations Began April 2022
  • Zoned for Delivery – Dedicated Delivery Parking Space 
  • Employees: 10
  • POS System: Treez
  • Wholesale Inventory Included: $50k
  • Tenant Improvements: $500k
  • 2023 Net Revenue: $1.536M
  • Seller Training Post Closing: 30 Days 

Licenses: 

  • Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
  • Conditional Non- Storefront Delivery: Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

 

Asking Price: $399,000.00 (Seller Open to Offers, w/ $175k Down)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE CA LIC# 02077927

Carla Estrada, DRE LIC CA# 02220955

If you have any questions call Eric (858) 245-6324 & Carla (619) 952-2929

Email: broker@glbgroupinc.com or pm@glbgroupinc.com

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

Business Details

  • Price: $399,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Down Payment Required: $175,000.00
  • Gross Revenue: $1,536,000.00
  • Capital Invested: $500,000.00
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Eric Espinoza, Broker
  • Eric Espinoza, Broker