Dispensary Business For Sale in Iconic (Malibu, CA)
Asking Price: | $420,420 |
Premier Cannabis Dispensary Business For Sale in Iconic Malibu, CA Offers Due January 15th, 2025 (Malibu, California) #1594
This is a rare opportunity to acquire a fully operational cannabis dispensary & delivery business in the world-renowned city of Malibu, California! A city synonymous with luxury, exclusivity, and high-value clientele.
As 1 of only 2 licensed dispensaries in Malibu, this business holds a unique position in a limited-licensed market, unlike other areas that are flooded with competition. With minimal competition and a loyal customer base, it is the go to destination for premium cannabis products in the area. The dispensary is located on a major highway, with great visibility and exposure to thousands of daily commuters and tourists who flock to the coastal destination. There is still plenty of upside for the new owner to take advantage of. They could implement the delivery component and offer mobile delivery to consumers, expand the cannabis footprint by adding Consumption Lounge in the future and invest additional capital into the marketing and inventory.
Why Malibu?
Malibu’s affluent community, thriving tourism industry, and reputation for health-conscious, high-quality living make it one of the most desirable markets in California’s cannabis industry. Owning a dispensary in this exclusive locale not only offers substantial growth potential but also the prestige of being a key player in one of the most coveted zip codes in the world.
The dispensary is fully licensed, compliant, and renowned for offering quality products and exceptional customer service. Its reputation as a trusted community staple provides a solid foundation for new ownership to seamlessly step in and expand its reach.
With the current owners ready to retire, this is a rare opportunity to acquire a thriving business with deep community roots. Whether you’re an experienced operator or new to the industry, this Malibu gem offers tremendous upside and growth potential.
Don’t miss out! This opportunity won’t last! Submit your offers by January 15th, 2025, and secure your place in Malibu’s exclusive cannabis market.
Details:
Space: 3k SqFt (1500 SqFt Retail Space)
Lease: 3 YR Left w/ Option to Extend
P.O.S: Meadow
# of Customers/Patients in Database: 30,000
Parking Spaces: 13
# of Employees: 10
Owner Operated
30 Day Training Provided by Owner
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.
Call For Offers Due By January 15th, 2025
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.
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