Cannabis Microbusiness for Sale in Stockton, CA

Cannabis Microbusiness for Sale in Stockton, CA

  • Location: Stockton, California
  • Asking Price: $199,000
  • Monthly Rent: $13,000/Month

Description:

This cannabis microbusiness for sale in Stockton, California is a licensed buildout opportunity. The business is in the process of finalizing its annual state and local licenses for storefront retail, indoor cultivation, and distribution. Construction plans have already been approved at both the state and local levels.

The new owner will be responsible for completing the buildout and licensing process to bring the business to full operational status. According to the seller, there are no existing tax liabilities.

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

License Features:

  • Space: 10,000 square feet (majority is dispensary)
  • Rent: $13,000/month ($1.30/square foot)
  • Lease terms: 11-year term, with two 5-year options
  • Not operational, buyer must complete buildout

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Please note that listings can be sold or withdrawn at any time.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. (1797)