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Marijuana Dispensary

  • Status: Expired
  • Price: $1,200,000

Kuldeep Clar

License No:
DRE #01887929
Email:
kuldeep@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4407
  • Status: Expired
  • Area: Merced County
  • Price: $1,200,000

Description

Turnkey cannabis dispensary up for sale in Merced County. This fully operational retail store is fully built in and out and will start making money the first day. The shop is run by a manager and seven employees who are willing to stay on if the new buyer would like. Location is open 7 days a week from 9am-10pm and the dispensary also offers delivery service within a 30-mile radius. There is a full website that’s included in the sale and the dispensary is also on WeedMaps. Lease is very low at $3200 a month with a five-year lease and a renewable 5 years thereafter. Seller is claiming $120k a month in gross sales and about $1.5mil in annual gross sales. Inventory worth $135k is included in the asking price. There is seller financing, and the seller will entertain all offers. As always, serious buyers only. An NDA will have to be signed before any information is shared. If you’re ready to make a move into the cannabis industry, then this is it. These businesses are very rare when they come up for sale.

Business Information

Ownership Type: N/A
Year Established:
Year Purchased:
Business Type: Dispensary
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4407
Date Available: 05/31/2024
Reason For Sale:

Financial Information

Annual Total:
1,440,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,200
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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