Cannabis Dispensary Storefront for sale in Redwood City, CA 94061

High Revenue Producing Cannabis Dispensary For Sale By Receivership Call For Offers (Redwood City, California) #1602

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

Fully operational cannabis dispensary in Redwood City, open for two years and generating $8M in gross annual revenues for sale! This turnkey business includes both storefront and delivery services and boasts a premium buildout, ensuring a seamless transition for the new owner. Offered by way of receivership, the sale benefits from the receiver’s legal oversight, providing a transparent and efficient transaction process. This unique arrangement minimizes risk, accelerates closing, and presents a rare chance to acquire a thriving business in a prime market.

Don’t miss this unparalleled opportunity to step into a fully operational dispensary with proven profitability, established delivery operations, and significant growth potential. As a call for offers listing, this opportunity promises a swift and competitive sale process. The receivership designation ensures a clean transaction, emphasizing transparency and ease of negotiation, making this one of the cleanest deals available in the market.

2024 YTD Revenues:

Gross $8.1M

Net- $6.8M

Details:

Space: 3k SqFt

Rent: $26k/Month

Wholesale Inventory: $181k

POS: Treez

Employees: 33

Customers/Patients in Database: 18k

DCC License: Annual

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: Call For Offers

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

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Call Drew (619) 653-0483

Email: ceo@glbgroupinc.com

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