Fully Operational Cannabis Dispensary W/ The Option to Purchase Real Estate For Sale (Humboldt County, California) #1993

A three-unit, 5,200-square-foot building for a Dispensary business is available in McKinleyville, California. The unit contains 1,500 square feet of space, which houses the Dispensary. This is One of only Two Dispensaries in McKinleyville, a rapidly growing residential area in Humboldt County with a population of over 15,000. The third unit is also permitted for a consumption lounge.

The Dispensary is well-performing, serving over 100 customers daily, seven days a week. The building is securely leased and is available for purchase at $550,000. The sale includes the retail license, all inventory, the security system, long-term staff, and lease improvements, with the option of purchasing the real estate.

The Dispensary opened in March 2018. While the cannabis market and general economy have fluctuated over the years, the business remains stable and profitable despite dips in overall sales..



Revenues:

2018: $1,393,00
2019: $2,621,000
2020: $3,135,000
2021: $2,985,000
2022: $2,036,000
2023: $1,715,000
2024: $588,761 Q1 Only

Details:

Space: 5,200 Sq Ft (1,500 Sq Ft Distribution)
Rent: $0.80 per Sq Ft
Lease Terms: New Lease Will Be Issued
Real Estate Value: $550k
Permitted for Consumption Lounge (Not in Use)


License:

(Annual) Commercial – Retailer Adult-Use and Medicinal


Asking Price: $649,000.00 (Seller Open To Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.