Only 1.5m Down Required….very Busy Street Call For Offers Jan 24th
Asking Price: | $6,500,000 |
11.4M Annual Grossing Dispensary…..Only 1.5M DOWN REQUIRED….VERY BUSY STREET CAL
11.4M Annual Grossing Dispensary…..Only 2M DOWN REQUIRED….VERY BUSY STREET CALL FOR OFFERS JAN 24TH (San Diego, California) #1611
Call For Offers Jan 24th!!!
Take advantage of a rare opportunity to own a thriving cannabis dispensary in the most in demand market in California, San Diego (Pop. 1.3M)! This established business generated an impressive $11.4M in Net Revenue for 2024. The dispensary is currently operating out of a 1,300 SqFt upstairs suite, complemented by 4,000 SqFt of office space and a vacant 2,000 SqFt suite on the ground floor. A recently finalized CUP modification clears the way for immediate planning and construction of a larger retail space, with relocation required by July 1, 2025. Once operational, the new space will lease for $50,000 + NNN, while the unused 2,000 SqFt downstairs suite can be relinquished to optimize costs.
With $2M down, the current ownership is open to offers. This is a rare, scalable, and turnkey opportunity to dominate the San Diego market. Act now! Super Busy road in San Diego.
2024 Net Revenues: $11.4M
Details:
Space: Currently 1300 sq ft, New Owner will move to 5400 sq ft Building which is closer to main Road
Rent: $36,850/Month + NN Currently, Once moved to new spot, rent will be $55,000 NNN, bringing the price per sq ft down.
Massive expansion capabilities going from 1300 sq ft to 5400 sq ft and closer to the MAIN Rd.
DCC State License: Annual
License:
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.
Asking Price: Call For Offers Jan 24th!!! (Minimum $1.5M Down)
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.
Green Life Business Group, Inc DRE CA LIC# 02061374
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