Need assistance getting a cannabis business license? Schedule a Free Consultation
RARE chance to purchase a distinctive retail storefront business in a limited licensed market! The business, High Sierra is located in the California resort community of June Lake,Pop. +413, which is in Mono County, Pop 13k. It is well renowned for its extensive scenic and recreational attractions, as well as its unparalleled access to wilderness and adventure. Established in 2019, High Sierra is a craft cannabis boutique that sells cannabis products and accessories in an absolutely stunning retail space. Many of the cannabis items sold at High Sierra are uniquely grown for and only available in that region, and they are all natural, organic, and locally sourced. Despite the pandemic and earlier wildfires, this company has been operating for 4 years now and has been profitable from the start. High Sierra has an Annual state license, which is the most sought after state license. In terms of product selection, personalized packaging, and branding, the Craft Cannabis business model is exceptional in this sector. This sale includes nine different registered trademarks as well as any necessary training, provided by the current owner. There are enormous opportunities for growth because the current owners are involved in other businesses and are not actively involved in marketing or promoting this business, are only open for limited hours, and are not delivering cannabis products despite the county’s permission.
For the right buyer, this truly is a “lifestyle business opportunity”– a one-of-a-kind business in a dream location. Alternatively, this is a fantastic opportunity for an established operator with a presence looking to expand their footprint in the June Lake area while also taking advantage of the very nearby Resort Community, while targeting a tourist destination and marketing an established brand. Especially through the Delivery component that is not currently in use. The new owner could target local neighboring markets.
About June Lake
Located at 7,654 feet above sea level in the Eastern Sierra and surrounded by pristine wilderness, the village of June Lake is a destination like no other. Known as the “Switzerland of California,” June Lake is famous for its four sparkling lakes, nestled at the base of towering Sierra Nevada mountains. It is a destination for all seasons. Containing 4 alpine lakes, 6 trailheads, a ski area, a wide range of lodging options plus numerous campgrounds, several restaurants, a brewery, a concert venue, a health spa, several marinas as well many other recreational options. June Lake has millions of visitors from around the world and is a short 25 min drive from Mammoth Lakes, CA – another world class resort destination.
- Space: 1,250 SqFt (Retail Area 450 SqFt)
- Rent: $5,500 /Month
- Lease Terms: Landlord Open to Long Term Lease
- State License Type: Annual (Most in Demand)
- Plenty of Parking Including an ADA space
- Buildout Investment: $100k
- Large patio area that can possibly be used for future on-site consumption
- Cannabis Delivery is permitted but not currently being done
- Retail Storefront: 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.
- Retailer Non-Storefront License: Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Asking Price: $ 599,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Tom Milks, DRE LIC CA #02064305
If you have any questions call Tom (619) 972-5952
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.