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2 Dispensary Portfolio For Sale Includes Perris 13.5M Top Line Revenue & Costa Mesa With REAL ESTATE (Perris & Costa Mesa, CA)

Perris, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 713749

Listed On May 24, 2024 View Count 90

Listing Updated May 24, 2024

Price For Sale:
$10,800,000
Facility & Tenant Improvements:
Details: Parcel: 1.5 Acres Building Space: 3,000 SqFt Med Room: 1200 SqFt Rent: $15,000/Month Wholesale Inventory: $500k Included in Sale Parking Spots: +100 Employees: 25 Employees (Business being run completely Autopilot) 1/3 of the Sales is their own flower being Cultivated from their Adelanto Facility Owner has the ability to ADD Additional Signage visible from the Freeway Owner of the Business is also the Landlord and is willing to sell the Real Estate in Addition to the Asking Price This high-revenue cannabis retail business in Perris, CA, represents an outstanding investment. With 2023 revenues reaching $13M and a net income of $3M, this dispensary demonstrates impressive sales growth year over year. Located in a high-traffic, high-visibility area near a major freeway off-ramp, it is perfectly positioned for ongoing success. The business operates on an absentee ownership model, efficiently managed by a seasoned team of 25+ employees, including 4 managers. There is significant untapped potential for delivery sales, adding extra value. Additionally, there is an option to purchase the property, further enhancing the investment appeal. Costa Mesa, CA Location: This unique offering includes an annual dispensary license and the associated real estate in prime Costa Mesa, CA, valued at $6.5 million. Although the facility is not yet built, construction is set to commence in May. The seller is open to assisting with the build-out for an additional fee, providing a seamless transition for the new owner. This presents an ideal opportunity to expand your cannabis portfolio, benefiting from a blank canvas with no existing tax liabilities. Expand your cannabis business with this exceptional portfolio, combining the immediate revenue potential of the Perris dispensary with the strategic market entry afforded by the Costa Mesa license and property. Act swiftly to capitalize on this rare and lucrative opportunity! Seller Is Open to Selling the Costa Mesa License Without the RE for $1.5M & Complete the Build Out! Lease terms to be determined. Details: Space: 3,578 SqFt Needs to Be Built Out Not Operational Seller Open to Helping New Buyer Complete Build Out at Additional Cost Real Estate Value: $6.5M Owner is Essentially Included Dispensary Retail License For FREE!!! Licenses: Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or 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. Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

Presenting an exceptional opportunity to acquire a premium cannabis dispensary portfolio featuring one turnkey dispensary in Perris, CA, alongside a coveted dispensary license and the real estate for a new dispensary in Costa Mesa, CA. This deal offers a rare combination of immediate revenue generation and strategic market entry in two prime Southern California locations.

Perris, CA Location:

Revenues: 

2023 Gross Revenues: $13,579,490.16
2023 Net Income: $3M

Details: 

Parcel: 1.5 Acres
Building Space: 3,000 SqFt
Med Room: 1200 SqFt
Rent: $15,000/Month
Wholesale Inventory: $500k Included in Sale
Parking Spots: +100
Employees: 25 Employees (Business being run completely Autopilot)
1/3 of the Sales is their own flower being Cultivated from their Adelanto Facility
Owner has the ability to ADD Additional Signage visible from the Freeway
Owner of the Business is also the Landlord and is willing to sell the Real Estate in Addition to the Asking Price
This high-revenue cannabis retail business in Perris, CA, represents an outstanding investment. With 2023 revenues reaching $13M and a net income of $3M, this dispensary demonstrates impressive sales growth year over year. Located in a high-traffic, high-visibility area near a major freeway off-ramp, it is perfectly positioned for ongoing success. The business operates on an absentee ownership model, efficiently managed by a seasoned team of 25+ employees, including 4 managers. There is significant untapped potential for delivery sales, adding extra value. Additionally, there is an option to purchase the property, further enhancing the investment appeal.

Costa Mesa, CA Location:
This unique offering includes an annual dispensary license and the associated real estate in prime Costa Mesa, CA, valued at $6.5 million. Although the facility is not yet built, construction is set to commence in May. The seller is open to assisting with the build-out for an additional fee, providing a seamless transition for the new owner. This presents an ideal opportunity to expand your cannabis portfolio, benefiting from a blank canvas with no existing tax liabilities. Expand your cannabis business with this exceptional portfolio, combining the immediate revenue potential of the Perris dispensary with the strategic market entry afforded by the Costa Mesa license and property. Act swiftly to capitalize on this rare and lucrative opportunity!

Seller Is Open to Selling the Costa Mesa License Without the RE for $1.5M & Complete the Build Out! Lease terms to be determined.  Details: 

Space: 3,578 SqFt
Needs to Be Built Out
Not Operational
Seller Open to Helping New Buyer Complete Build Out at Additional Cost
Real Estate Value: $6.5M
Owner is Essentially Included Dispensary Retail License For FREE!!!
 

Licenses: 

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or 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.
Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer
 

Asking Price $10.8M  (Seller Financing Available) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. 

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.

14,112 SF Operating Cannabis Cultivation In Muskegon

1938 Sanford Street, Muskegon, MI, USA

Cultivation/ Production

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

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