Turnkey Dispensary in Long Beach – Priced to Sell!

Details

Listing #5156

Asking Price: $850,000

This is a rare off-market opportunity to acquire a fully licensed and turnkey retail cannabis dispensary in a high-traffic commercial corridor of Long Beach, California. A dispensary has been operational at this location since 2017, establishing strong brand recognition and customer flow before closing recently. The site is now being refreshed and is on track to re-open in June 2025. With the license in good standing, a fully built-out interior, and a landlord who is supportive of the sale and ready to sign a new lease with the buyer, this is a true plug-and-play opportunity. Long Beach continues to be one of the most operator-friendly cities in California, known for its strict enforcement against illicit shops and its well-regulated, limited-license cannabis environment, making it an attractive market for long-term investment.

Key Highlights:

• Approx. 2,400 SF retail space with existing high-end buildout
• Turnkey license in place – no local entitlement work required
• Landlord aligned – new lease available at $17,500/month
• Operational history dating back to 2017
• High-visibility location with strong foot and vehicle traffic
• Dense surrounding residential and commercial neighborhoods
• City with proven enforcement against unlicensed competition

Meilad Rafiei – License# 01788589 – WeCann