2 Cannabis Businesses For Sale in Sacramento

Posted February 5, 2025 in Cannabis Business Opportunities

2 Cannabis Businesses For Sale in Sacramento

  • Location: Sacramento, California
  • Asking Price: Call For Offers by February 14th
  • Monthly Rent: TBD

Description:

In receivership, this opportunity presents 2 cannabis businesses for sale in Sacramento, with the option to purchase real estate. Sellers indicate these businesses are free from vendor and tax debts, and are open to seller financing. The seller indicates $5M invested in these businesses, and a gross revenue of $22M. Call for offers by February 14th. Approval of purchase is through court receivership.

Indicated Combined Revenues:

  • 2024 Net Profit: Over $6M
  • 2024 Total Gross Sales: $28.7M (1.6% Increase Over 2023)
  • 2024 Total Gross Profit: $11.4M (4.1% Increase Over 2023)
  • 2024 Total Transactions: 458K+ (2.6% Increase Over 2023)
  • 2024 Total Units Sold: 1.4M (1.6% Increase Over 2023)
  • 2024 Profit Margin: 54% (2.4% Increase Over 2023)
Location #1

Operating since 2018, this cannabis dispensary for sale is located in a high-traffic downtown area with onsite parking.

Location 1 Features:

  • Space: 935 square feet
  • Rent: Market rate TBD
  • Lease: TBD, long term available
  • Parking spaces: 7
  • Included assets:
    • Inventory
    • Supplies
    • Computers, printers
    • Office furniture
    • POS Stations
    • Safes
    • CCTV and security system
  • Included licenses:
    • Retail Storefront (Active)
    • Retail Non-storefront (Approved by City, inactive)
Location #2

Operating since 2021, this cannabis dispensary for sale with self-distribution is strategically located in a commercial zone off the freeway between San Francisco and Sacramento. This unique location holds approvals for cannabis cultivation, delivery, and manufacturing, providing the buyer with the flexibility to expand operations in multiple directions.

Location 2 features:

  • 2,800 square feet
  • Rent: Market rate TBD
  • Lease: TBD
  • Parking spaces: 49
  • Included assets:
    • Delivery van
    • Inventory
    • Supplies
    • Computers, printers
    • Office furniture
    • POS stations
    • Safes
    • CCTV, security system
  • Included licenses:

How Wicker Law Group Can Assist You: As your trusted legal partner, Wicker Law Group offers comprehensive services, including:

  • Drafting and negotiating purchase agreements
  • Providing guidance to achieve compliance with California cannabis regulations
  • Facilitating entity formation and corporate bylaws or operating agreements
  • Navigating cannabis licensing requirements
  • Conducting due diligence
  • Managing escrow requirements

Please note that listings can be sold or withdrawn at any time. To get more details, a non-disclosure agreement (NDA) and proof of financials are required. Contact Wicker Law Group to explore this cannabis business opportunity and receive expert legal guidance throughout the acquisition process.

Are you looking to invest in the cannabis industry? Wicker Law Group offers expert legal representation for purchasing licensed cannabis businesses in California. Our extensive network and industry knowledge connect buyers with premium cannabis business opportunities. (1617)