Cannabis Dispensary Business & Real Estate Option for Sale in McKinleyville, California

A three-unit, 5,200-square-foot building for a Dispensary business is available in McKinleyville, California. The unit contains 1,500 square feet of space, which houses the Dispensary. This is One of only Two Dispensaries in McKinleyville, a rapidly growing residential area in Humboldt County with a population of over 15,000. The third unit is also permitted for a consumption lounge.

The Dispensary is well-performing, serving over 100 customers daily, seven days a week. The building is securely leased and is available for purchase at $550,000. The sale includes the retail license, all inventory, the security system, long-term staff, and lease improvements, with the option of purchasing the real estate.

The Dispensary opened in March 2018. While the cannabis market and general economy have fluctuated over the years, the business remains stable and profitable despite dips in overall sales..

Revenues:

2018: $1,393,00

2019: $2,621,000

2020: $3,135,000

2021: $2,985,000

2022: $2,036,000

2023: $1,715,000

2024: $588,761 Q1 Only

Details:

Space: 5,200 Sq Ft (1,500 Sq Ft Distribution)

Rent: $0.80 per Sq Ft

Lease Terms: New Lease Will Be Issued

Real Estate Value: $550k

Permitted for Consumption Lounge (Not in Use)

License:

(Annual) Commercial – Retailer Adult-Use and Medicinal

Asking Price: $649,000.00 (Seller Open To Offers)

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

Tom Milks, DRE CA LIC# 02064305

If you have any questions Call Tom (619) 972-5952

Email: tom@glbgroupinc.com

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