Rare Opportunity to Purchase an Operational Dispensary In Malibu!

CannaMLS ID: 8790
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Price: $4,500,000


Listing Details


Listing Category
Dispensary
Home Delivery

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

Adult Use
YES

Price: $4,500,000

Listing Status: For Sale

Do not miss this once in a lifetime opportunity to own a storefront retail dispensary in the heart of MALIBU! One of only two retail licenses allowed under local ordinance, both storefront retail and non-storefront (delivery) recreational cannabis sales are allowed under this license. This is not a social equity license.

Dispensary currently operates out of an approximately 800 sq ft location, with an additional 1,700 square feet that is currently being leased in the adjoining suite, which the new owner can expand permitted operations by building out, to increase the total retail footprint to approximately 2,500 square feet. With plenty of parking in a shared strip center parking lot, there is tremendous upside in this opportunity for the right owner. Long term lease of property in place, which will transfer to new owner. Lease information, financials and other due diligence materials will be available with NDA and proof of funds. All state and local licenses are in place, no outstanding liens or tax liabilities,

Take advantage of this chance to step into a turnkey, fully operational cannabis retail dispensary today!


Listing Details

Listing Status
For Sale

Location
Malibu, California 90265

Date Listed For Sale:
3/6/2023

Date Last Updated:
3/6/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
2500 sq ft

Built out / Turnkey
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$4,500,000

Lease Terms:

Long Term Lease in place


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