2 Highly Profitable Producing Cannabis Dispensary Businesses For Sale

Portfolio of high revenue producing and successful pair of cannabis dispensaries are now for sale in the thriving Northern California market. These establishments have demonstrated remarkable growth and resilience, generating over $29.8M in gross sales in 2022, and $34.3M in gross sales and $6M in net profit in 2023. The flagship dispensary has cemented its status as a cornerstone of the local community for over 5 years. The newer dispensary, opened in 2021, has quickly solidified its position in the market. Both dispensaries are situated in prime locations, ensuring a steady flow of clientele and revenue. Standout performers within the industry, these businesses have consistently demonstrated strong numbers, outperforming a considerable portion of the industry. The sale includes the added advantage of real estate ownership or long-term leases, providing the buyer with valuable assets and control over their business environment. This is a rare opportunity to acquire a thriving pair of dispensaries in a booming industry. With their impressive growth rate, prime locations, and robust financial performance, these businesses represent a remarkable investment opportunity. Seize the chance to lead the cannabis industry with this formidable duo and establish or expand your presence.

GROWTH OPPORTUNITY: Portfolio of high revenue producing and successful pair of cannabis dispensaries are now for sale in the thriving Northern California market. These establishments have demonstrated remarkable growth and resilience, generating $29.8M in gross sales for 2023. 2024 is on track to be a record-breaking year for the stores with increasing customer counts, sales, units sold, and profit margin already higher than 2023.

Combined Revenues:

2024 Net Sales: $11.2M (Up 5.6%+ over 2023 Jan-June)
2024 Gross Profit: $6M (Up 5.9%+ over 2023 Jan-June)
2024 Customer Count: 233,000 (Up 6.9% over 2023 Jan-June)
2024 Items Sold: 695K (Up 3.7% over 2023 Jan-June)
2023 Net Sales: $21.5M (11% increase over 2022)
2023 Gross Profit: $11.4M (13% increase over 2022)
2023 Customer Count: 447K (11% increase over 2022)
The flagship dispensary has cemented its status as a cornerstone of the local community for over 5 years. The newer dispensary, opened in 2021, has quickly solidified its position in the market. Both dispensaries are situated in prime locations, ensuring a steady flow of clientele and revenue. Standout performers within the industry, these businesses have consistently demonstrated strong numbers, outperforming a considerable portion of the industry. The sale includes the added advantage of real estate ownership or long-term leases, providing the buyer with valuable assets and control over their business environment. This is a rare opportunity to acquire a thriving pair of dispensaries in a booming industry. With their impressive growth rate, prime locations, and robust financial performance, these businesses represent a remarkable investment opportunity. Leading in industry trends, this business has the potential for exponential growth. Seize the chance to lead the cannabis industry with this formidable duo and establish or expand your presence.

Location #1:
Space: 935 SqFt
Rent: Market Rate TBD
Lease: TBD
Parking Spaces: 7
Assets Included- C10 License, Inventory, Supplies, Computers, Printers, Office Furniture, POS Stations, Safes, CCTV Security System

Location #2 :
Details:

Space: 2,800 SqFt
Rent: Market Rate TBD
Lease: TBD
Parking Spaces: 49
Assets Included- C10 License, C11 License, Inventory, Supplies, Computers, Printers, Office Furniture, POS Stations, Safes, CCTV Security System

Asking Price: $18.5M (Sellers Open to Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.