Cannabis Dispensary for Sale in McKinleyville, CA

Cannabis Dispensary for Sale in McKinleyville, CA

  • Location: McKinleyville, California
  • Asking Price: $649,000
  • Monthly Rent: $4,160/Month ($.80/square foot)

Description:

This turnkey cannabis dispensary for sale in McKinleyville, California—an expanding residential area in Humboldt County—operates out of a 5,200 square foot building. The property is divided into three functional units: one houses the dispensary, and another is permitted for a consumption lounge.

Established in 2018, the dispensary currently serves over 100 patrons per day and is one of only two dispensaries in the city.

Buyer has the option to purchase the real estate.

Seller is open to offers, and seller financing is available.

Business Features:

  • Space: 5,200 square feet between three units
  • Rent: $4,160/Month
  • Existing stock included
  • Comprehensive security system
  • Experienced staff
  • Option to purchase real estate, valued at $550,000
  • Permitted for consumption lounge, not in use
  • 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

Included Licenses:

  • Retail Storefront
  • Permitted for Consumption Lounge (Not in use)

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Please note that listings can be sold or withdrawn at any time.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. (1810)