Highly Profitable Cannabis Dispensary in Santa Ana, CA - $24.8M Asking Price

This is a prime opportunity to acquire a highly profitable, established cannabis dispensary located in Santa Ana, California. Situated in a premier location with exceptional visibility along Highway 55, the business benefits from a constant stream of over 262,000 vehicles per day, ensuring maximum exposure. The facility boasts a total of 7,600 SqFt, with over 5,000 SqFt dedicated to selling space, providing ample room to serve a growing customer base. In 2023, the dispensary generated $20,967,479.12 in total sales revenue and achieved an impressive EBITDA of $6.45 million, serving an average of 925 customers daily. The listing includes a valuable Retail Storefront license. The lease is in place until March 31, 2025, with an option to extend, and current monthly rent is $43,887.22. While the listing status is 'Sold', interested parties were encouraged to place offers before the auction date of February 29th. This business represents a significant investment in a thriving market.