Fully Operational Cannabis Dispensary Retail Business For Sale (Solano County, California) #1135

  • $3,000,000

Business Description

Fully Operational Turn Key Cannabis Dispensary Retail business for Sale in Solano County, CA (Pop +451k) Become a part of a thriving community with this exceptional opportunity to own a highly successful cannabis dispensary. Established in 2018, this dispensary has become a beloved pillar in the Solano County community, and now it’s your chance to take the reins of this lucrative business. Situated in a spacious 3200 sqft building with a long-term lease in place, this turnkey operation is perfectly poised for the new owner. With a rapidly growing population in this large agricultural community just outside the Bay Area, the potential for continued growth is immense. What sets this opportunity apart is the limited competition in the city. The new owner would be able to enjoy and take over a captive market and a strong customer base that has propelled the business to exceptional heights. In 2022 alone, the dispensary achieved an impressive $5.3 million in gross revenues, and it is on track to generate a conservative estimate of $5 million this year. Take advantage of the existing infrastructure, loyal customer base, and the incredible revenue potential. This is your chance to own a thriving cannabis dispensary in a prime location. Don’t miss out on this rare opportunity to make your mark in the cannabis industry. 

Revenues: 

  • 2022 Gross Revenue: $5,332,950.00
  • 2023 Projected Gross Revenues: $5,000,000.00

Details: 

  • Space: 3200 SqFt w/ Option to Expand
  • Rent: $2.26/SqFt
  • Lease: Long Term Lease in Place w/ First Right of Refusal
  • Parking Spaces: 38
  • Employees: 15
  • Average # of Customers per Day: 180
  • Average Sale per Customer: $72.00
  • License Types: Adult Use and Medical Retail Storefront

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.

 

Asking Price: $3,000,000.00 (Seller Open to Offers)

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

Elliot Cardenas, DRE LIC CA #02138336

If you have any questions Call Elliot (619) 770-2699

Email: elliot@glbgroupinc.com

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

Business Details

  • Price: $3,000,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Gross Revenue: $5,332,950.00
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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Elliot Cardenas, Agent
  • Elliot Cardenas, Agent