Turn-Key Retail & Delivery Business For Sale (Santa Ana, CA) #405

  • $11,900,000
For Sale Med Rec Turn Key

Turn-Key Retail & Delivery Business For Sale (Santa Ana, CA) #405

  • $11,900,000

Business Description

High revenue producing retail dispensary for sale in Santa Ana, CA. Santa Ana is the second most populous city and the county seat of Orange County, California. With a population of +333k, it is the 12th largest city in California and the 59th largest city in the United States. In 2020, the business did $8.7M in Gross Revenues, the majority of the sales coming from the retail outlet. The business carries a wide variety of cannabis products and the staff is highly experienced not only in just cannabis, but also professionalism and efficiency. There is an option to obtain a 22k SqFt cultivation license on top of the asking price, the new owner would have to start that process. There is also an option to purchase the property on top of the asking price.

 

Cannabis Dispensaries have been labeled essential businesses back in March, 2020 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: 3,400 SqFt
  • Rent: $20,000/Month
  • Employees: 24
  • 22,000 SqFt of Cultivation is available at an added premium on top of the asking price
  • Building could be purchased for an added price

Gross Revenues:

  • 2017 – $5M
  • 2018 – $7M
  • 2019 – $7.7M
  • 2020- $8.7M

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, cannabis and cannabis products as part of a retail sale.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer

Asking Price: $11,900,000.00 (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 dispensary, cannabis retail, cannabis delivery, cannabis broker, cannabis brokers, marijuana dispensary, marijuana retail, marijuana delivery

Business Details

  • Price: $11,900,000
  • Business Type: Dispensary Retail w/ Delivery
  • Business Status: For Sale
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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Drew Mathews, CEO
  • Drew Mathews, CEO