Cannabis Lending Available up to 50% of the Asking Price
If you are looking for vertical integration in the Southern California cannabis market this is the opportunity. This is the only Turn-Key retail dispensary play for sale in Orange County.
The turn-key dispensary includes all the licenses available along with $250,000 in wholesale inventory. This shop has stood above competitors by conveying uniform quality products, offering a large variety of premium cannabis products from best selling and familiar brands. The reason they , this shop works with over 30 Vendors whose connections and relationships will be coming with the business. The number of cannabis businesses is expected to start small and grow over time, eventually earning the city a projected $12.5 million to $14.5 million a year. Santa Ana is Orange County’s only city that allows retail sales, and now it is the only one to allow every step of the process. Most other cities have stuck with strict prohibition of commercial enterprise.
This dispensary has been in operation since 2016 and has positioned itself as one of the most popular dispensaries in Santa Ana. In 2017, the shop grossed $3.55M and this year the shop is on pace to gross $4M with just the retail, not including the other licenses.
Retail (Recreational & Medicinal) Currently in operation
10,000 sqft ( Retail is 5,000 sqft )
20 + Parking spaces
24 hr Security
Long Term Lease Available
Rent – (Retail $3.00/sqft, Other Licenses $2.25/sqft )
Option to buy available @ $3M
Asking Price: $9,500,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Kay Akel, BRE CA# 02061374
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