Operational San Jose Dispensary (Micro Business)

CannaMLS ID: 7300
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Price: $3,500,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution
Dispensary
Home Delivery

License Status
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Price: $3,500,000

Listing Status: For Sale

Rare opportunity to acquire one of only 16 operational dispensaries in the highly coveted San Jose market. Dispensary has been operational since 2016 and is generating millions in revenue annually. The dispensary operates under a microbusiness license, meaning the business is also permitted to cultivate, manufacture, distribute, and offer home delivery. Large property with plenty of parking. This is ideal for any operator that wants to step into a turnkey, high-volume NorCal dispensary.

• San Jose is the only municipality with licensed retail in the entire county

• All SJ dispensaries were awarded the right to open a second retail location

• Sale price is inclusive of both retail licenses (one operating, one paper)

• The licenses are not tied to real estate and can be relocated within the city

• Zoning and sensitive use restrictions are expected to loosen this year

• Space and licenses are currently underutilized; new owner would realize

immediate value by activating delivery and distribution channels.

NDA required for additional information. Click Contact Seller” above to inquire further.


Listing Details

Listing Status
For Sale

Location
San Jose , California 95111

Date Listed For Sale:
8/25/2022

Date Last Updated:
6/6/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
23500 sq ft

Built out / Turnkey
YES

Room for Expansion
YES

Pricing Details

Listing Price
$3,500,000

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