Marijuana Retail Storefront for sale in CA 95404

Great opportunity to acquire a Fully Operational Cannabis Dispensary business in Santa Rosa, CA (Pop +339k)! The Dispensary  is fully operational and licensed both at the local and state level. This business is one of the only dispensaries with freeway frontage, and is in close proximity to the Santa Rosa Community College its dormitories, offering great exposure. It is also next door to anchor stores and a shopping center. Currently there are 5 employees that oversee the day to day operations and in Q1 of this year they have reached $385k in gross revenues. The sale would include the business including the license and the lease of space. Don’t miss out on this turnkey opportunity! This would be a great addition for a publicly traded company or giant MSO looking to add or establish their retail footprint in the NorCal market!

Revenues:

2023 Gross Revenues: $1.74M

2024 Jan-March Gross Revenues: $385k (On Pace to do $1.5M)

Details: 

Space: 2,200 SqFt

Rent: $7,500/Month

Lease Terms: EXP 3/26 w/ (2) 5 YR Options 

Wholesale Inventory: $150k

POS System: Dutchie 

Employees: 5

Parking Spaces: 9

Security: Employees w/ Guard Cards

Capital Invested: $3.7M

License:

(Annual) Commercial Retailer Adult Use & Medicinal: 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: $399,000.00 (Seller Open to Offers w/ $120k Down)

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

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.