Don’t miss this lucrative opportunity to invest in a fully operational, vertically integrated cannabis business in Santa Ana, CA, a city boasting a population over 309k! This enterprise presents a unique and profitable venture in the thriving cannabis industry. The current owners operate a bustling dispensary, occupying an expansive 2k square foot space at the front of the premises. The entire setup, including cultivation, manufacturing, distribution, and even a potential consumption lounge, is fully built-out and operational. Uniquely, the property owner offers flexibility in leasing options, providing the opportunity to rent just the front unit for the dispensary and potentially wall off the back section.
In terms of financial performance, the business demonstrates robust revenues, generating impressive gross income of $8.3M with a net income of $2M in 2022. The revenue trend continues into 2023, with a projected gross revenue of $5.9M and anticipated net income of $1.5M. Adding to the appeal of this venture is the rising popularity of cannabis smoking lounges. Similar to traditional bars but for cannabis products like flowers, joints, and edibles, these lounges offer a space for socializing and consumption for those of legal age. With the city now permitting consumption lounges and events, the owners have strategically left the back portion of the property open for the new operator to utilize as they see fit, offering significant potential for expansion and diversification in this booming industry. In summary, this is a truly exceptional opportunity to acquire a high-revenue, vertically integrated cannabis operation in an increasingly popular sector, offering immense potential for further growth.
Asking Price: $5,500,000.00 (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
Drew Mathews, DRE LIC CA# 02091143
If you have any questions Call Drew at (619) 653-0483
Or Email : firstname.lastname@example.org
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.