Cannabis Dispensary & Delivery Business (Costa Mesa, CA) #1473

Great opportunity for a cannabis dispensary and delivery business featuring state licenses in hand. The new owner will need to continue construction and buildout to finalize the space. The property boasts a 2076 SqFt space with a rent of $3650/Month, effective once the license is issued. It comes with a 5-year lease and an option for renewal, providing stability for the new owner. The location offers 10 proposed parking spaces, enhancing convenience for customers. The estimated buildout cost is $650k, with $100k already invested, ensuring a strong start.

With a state provisional license and both retail and delivery licenses secured, the business represents a greater value. Costa Mesa is emerging as the next cannabis mecca in Orange County, making this a prime opportunity to enter a booming market with immense growth potential.



Details:

Space: 2076 SqFt
Rent: $3650/Month (Rent Schedule is in Effect Once License is Issued)
Lease: 5YR w/ Option
Parking Spaces: 10 Proposed
Estimated Buildout Cost: $650k
State Provisional License in Hand
Licenses: Retail & Delivery
Capital Invested: $100k
Licenses:

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.


Asking Price: $699,000.00 (Seller Open to Offers)