ADD FREE LISTING

14 Dispensary Chain Portfolio, HIGHLY PROFITABLE, California Giant SALE (California)

San Diego, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Mergers and Acquisitions Opportunities

Listing ID : 686177

Posted on March 8, 2024 View Count 621

Price For Sale:
$49,900,000
Real Estate:
Available for Purchase
Current Cannabis Business License:
Yes
License Type:
Medical & Recreational
NDA Required:
Yes
Company Name:
Green Life Business Group Inc
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

Commence on a lucrative journey with our exclusive California Giant Cannabis Dispensary Retail Portfolio, featuring 14 dispensaries strategically positioned in PRIME high traffic cities all over California. This portfolio has 10 stores in Southern California all PRIME LOCATIONS, and 4 stores in Northern California, making their mark on the entire State. Benefit from being in the largest cannabis market in the United States, with the geographic advantage of ensuring a broad customer base and operational synergy. Positioned as one of the largest cannabis retail companies in California, this portfolio offers not just dispensaries but with the option to acquire some of the real estate as well. Also includes a commercial microbusiness license.

Seize the opportunity to hit the ground running with a comprehensive package, including a meticulously curated inventory and an extensive book of business. Leverage the established reputation and customer loyalty to make your mark in the flourishing and ever-growing cannabis market. Don’t miss out on this extraordinary chance to be a large player in the future of cannabis retail!

Southern California Dispensaries:

Dispensary 1: City of San Diego 
Annual Retailer – Adult & Medicinal
Space: 3,000 Sq Ft (Licensed) 3,475 Sq Ft Option to Expand
Rent: $20k / month 

Dispensary 2: City of San Diego 
Annual Retailer – Adult & Medicinal
Space: 5,074 Sq Ft (Licensed) Option to Expand 1,200 Sq Ft 
Rent: $17k / month
Store 1 and 2 Combined 2023 Gross Revenue – $22,666,180.14

Dispensary 3: County of San Diego 
County of San Diego License * Very Desirable Location
Non Operational
Space: 4,920 Sq Ft
Rent: $22k / month with 2% Gross
Expected Open Date: 8/1/24 

Dispensary 4: City of San Diego 
City of  of San Diego License * Very Desirable Location
Non Operational
Space: 6,000 Sq Ft (Licensed) + 6,000 Sq Ft Common Area/ Expansion 
Rent: $62k / month with 2% Gross 
Expected Open Date: 8/1/24
Capital Invested: $350K 

Dispensary 5: Palm Desert Area
Annual Retailer – Adult & Medicinal
Space: 10,000 Sq Ft Retail Space / 4,000 Sq Ft Distribution Space 
Rent: $35k / month
2023 Gross Revenues: $2,800,999.52 

Dispensary 6: Riverside County
Space: 3,978 Sq Ft
Rent: $20k / month
Expected Open Date: Just Opened
Capital Invested: $1.2M 

Dispensary 7: Orange County
Non Operational
Space: 5,695 Sq Ft
Rent: $25k / month 
Expected Open Date: 8/1/24
Capital Invested: $300K 

Dispensary 8: Riverside County
Annual Retailer – Adult & Medicinal
Distributor License 
Space: 5,889 Sq Ft Retail Space / 2,511 Sq Ft Distribution Space
Rent: $25k / month
2023 Gross Revenue: $1,766,428.60 

Dispensary 9: Riverside County
Annual Microbusiness: Adult & Medicinal  Manufacturing, Distributor, Cultivator, Retailer, 
Nursery
Space: 5,000 Sq Ft 
Rent: $11k/ month 
Capital Invested: $700k
Only Using Nursery & Distribution License Currently  

Dispensary 10: Riverside County
Non Operational
Space: 4,200 Sq Ft Retail Space / 250 Sq Ft Distribution Space
Rent: $15k/ month
Expected Open Date: 8/1/24
Capital Invested: $250K 

Northern California

Dispensary 11: Bay Area
Non Operational
Annual Retailer – Adult & Medicinal
Space: 2,100 Sq Ft
Rent: $10k / month
Expected Open Date: 5/1/24
Capital Invested: $350K 

Dispensary 12: Northern California
Non Operational
Annual Retailer – Adult & Medicinal
Space: 2,943 Sq Ft
Rent: $11k / month
Expected Open Date: 4/15/24
Capital Invested: $800K 

Dispensary 13: Bay Area
Non Operational
Annual Retailer – Adult & Medicinal
Space: 963 Sq Ft
Rent: $15k / month
Expected Open Date: 4/15/24
Capital Invested: $300K 

Dispensary 14: Northern California
Dispensary with Lounge
Annual Retailer – Adult & Medicinal
Space: 2,500 Sq Ft
Rent: $5k / month
2023 Gross Revenues: $704,976.44 

Licenses: 

Adult & Medicinal Annual Microbusiness: Manufacturing, Distributor, Cultivator, Retailer, Nursery
Commercial Annual Retailer – Adult & Medicinal 

Asking Price: $49.9M with the Option to Buy the Real Estate for $8M

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

State of the Art Profitable Cultivation Operation in Tulsa

Tulsa, OK, USA

Cultivation/ Production

Create an account

I Agree to 420Property’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings
Green Life Business Group Inc.
License:DRE CA # 02061374

420 PROPERTY SEARCH

Hemp Only Listings

Listings You May Also Like

Turnkey Annual Cannabis Distribution Business For Sale (Santa Cruz County, California)

Santa Cruz, CA, USA

Prime opportunity to establish your cannabis distribution business, in Santa Cruz, CA.  This 1,500 SqFt space is leased at just $3,000 a month, and w

Distribution

Cannabis Dispensary & Delivery CUP Approved Business For Sale (San Francisco, California)

San Francisco, CA, USA

Here’s a fantastic opportunity to launch or grow your Cannabis Dispensary Storefront and Delivery Business. We have a 1,500 sq ft space available, a

Retail Stores/ Dispensaries

Award winning Grow and Processing business

Edmond, Oklahoma, USA

Award winning, immaculate, turnkey grow and processing business for sale. Brilliantly located in the heart of Edmond, this operation has been in busin

Cultivation/ Production

Approved Commercial Cannabis Dispensary Business License For Sale (Ventura, California)

Ventura, CA, USA

Seize the chance to secure a spacious 1,941 sq ft retail storefront in a prime commercial area, perfect for launching your cannabis business. With fle

Retail Stores/ Dispensaries