Premier Cannabis Dispensary Retail w/ Prime Location For Sale (Richmond, California) #1393

  • $3,000,000
For Sale Med New Popular Rec Turn Key
Premier Cannabis Dispensary Retail w/ Prime Location For Sale (Richmond, California) #1393
  • $3,000,000

Business Description

This is being sold by way of court ordered receivership and is subject to court confirmation

 

Discover an exceptional opportunity in the heart of a prime retail location in Richmond, California. Located near the Hilltop Mall and Hilltop Auto Mall. This store boasts easy access and top-notch security, making it an ideal setting for a thriving cannabis business.

Nestled in a strategic location, this store benefits from its proximity to prominent shopping destinations, ensuring high visibility and accessibility for customers. In 2023, the store achieved net sales totaling $2,861,806.00, with minimal marketing and owner insight. The owner has secured a favorable long-term lease, providing stability and a solid foundation for continued growth. Approved license uses at this location encompass dispensary, delivery, and manufacturing, offering versatility and multiple revenue streams to capitalize on various aspects of the cannabis market. One of the standout features of this opportunity is its status as a receivership listing. This designation ensures a clean and efficient transaction process, emphasizing transparency and ease of negotiation. Buyers could expect streamlined procedures and a straightforward path to ownership, making this one of the cleanest deals available in the market.

Revenues: 

  • 2023 Net Sales: $2,861,806.00

Details: 

  • Space: 4,980 SqFt 
  • Rent: $22,167.00
  • Lease: -Jan 2026 w/ (2) 5YR Options 
  • Approved Uses: Dispensary, Delivery & Manufacturing

License:

  • 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: $3M or Best Offer 

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

If you have any questions call Eric (858) 245-6324

Email: broker@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, Receivership Listings
  • Business Status: For Sale
  • Location: California
  • Gross Revenue: $2,861,806.00
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, VP
  • Eric Espinoza, VP