Redwood City Storefront for Sale – Court Receivership

Lions may rest, but investors need to act now. Offers are due by February 14 for this Redwood City storefront for sale in court receivership

Cannabis Storefront Dispensary in Redwood City, CA

  • Location: Redwood City, California
  • Asking Price: Submit offer for Court receivership sale
  • Monthly Rent: $26k

Description:

An 2,500 – 3,000 square-foot store that has been in operation for approximately two years and has generated $8M in 2024 gross annual revenues and 2024 net revenue of $6.8M. This is a turnkey business that includes both storefront and delivery services. Don’t miss this unparalleled opportunity to step into a fully operational dispensary with proven profitability, established delivery operations, and significant growth potential. As a call for offers listing, this opportunity has a swift and competitive sale process. The receivership designation makes a clean transaction, emphasizing transparency and ease of negotiation

Details:

  • Space: 2,500 – 3k Square feet
  • Wholesale Inventory: $181k
  • Employees: 33
  • Customers/Patients in Database: 18k
  • DCC License: Annual

Included Cannabis Licenses:

  • Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale

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Please note that listings can be sold or withdrawn at any time.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. (1602)