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Tracy Cannabis Collective Retail Store

Tracy, CA

Seller Financing Available

Tracy Cannabis
Asking Price:$875,000
Rent:$8,000/Month
Gross Revenue:$2,600,000
Established Year:2023
Listing ID: 2305333Listing provided by BizBuySell
BUSINESS DESCRIPTION

Cannabis Dispensary for Sale – Prime Location in Tracy, CA
Location: 85 E Tenth Street, Tracy, San Joaquin County, CA
Property Details: 2-story, 4,163 sq. ft. cinder block building. Lease at $1.80/sq. ft. with First Right of Refusal. 5-year lease with five 5-year options to renew. Dedicated parking lot with 14 spaces plus street parking.
License Types: Medical & Adult-Use Retail Storefront
Business Highlights:
Revenue Growth: Generated $2,050,929 in the second half of 2023, with projected 2024 revenue of $3,000,000.
Strong Customer Base: Serves an average of 150 customers/day with an average sale of $74 per customer.
Expansion Opportunity: Delivery services set to launch in 2025.
Established Team: 16 employees, including overnight security, ensuring smooth operations.
Strategic Location: Positioned in an upscale commuter town near the Bay Area, with convenient freeway access (580, 205, I5).
Community Demographics: City Population: 99,000 County Population: 789,000
Competitive Market: Only four dispensaries in the city, provide a strong market position.
This business presents a rare opportunity for investors or operators looking to enter or expand in California’s growing cannabis industry.

ATTACHED DOCUMENTS
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DETAILED INFORMATION
Location
Tracy, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,200
Employees
16
Facilities
Situated on a large corner lot, the dispensary operates in a highly secure 2-story cinder block building, originally constructed as a bank, offering unparalleled security features. Located in downtown Tracy, it benefits from a private parking lot with 14 spaces, as well as ample street parking, providing convenience for customers.
Competition
Tracy has only four retail cannabis dispensaries, while neighboring cities do not permit cannabis sales, creating a unique and advantageous market position for local dispensaries. This restricted market landscape positions your business for strong customer demand and potential growth.
Growth & Expansion
Delivery services application submitted, with expected approval to significantly boost daily sales once launched. This new service offers immense potential to reach a broader customer base and further grow revenue.
Financing
Owner is willing to carry a short-term note
Support & Training
Our experienced team, with over 15 years of successful dispensary operations, is committed to ensuring a seamless transition for new ownership. We are prepared to offer comprehensive training and ongoing support to help the new owner maintain and grow the business's success.
Reason for Selling
The owner is seeking to sell due to a health condition. This well-established bu
BUSINESS LOCATION
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Deanna Garcia
Phone Number
Deanna Garcia
Call Phone