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4 High Times Cannabis Dispensary Portfolio For Sale By Receivership CALL FOR OFFERS MAY 17th (California)

California, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 707245

Posted on May 6, 2024 View Count 172

Price For Sale:
Inquire for Price
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

This is being sold by way of court ordered receivership and is subject to court confirmation.

All assets sold from the Receivership Estate are done so free and clear of all liens. This includes all City and State Taxes. 

Commence on a lucrative journey with our exclusive High Times Dispensary Retail Portfolio, featuring 6 dispensaries strategically positioned in PRIME high traffic cities all over California. Benefit from being one of the largest players in the cannabis markets in the United States, with the geographic advantage of ensuring a broad customer base and operational synergy. Seize the opportunity to hit the ground running with a comprehensive package. 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!

 

ALL 4  Retail Dispensaries are FULLY BUILT OUT and are Either Fully Operational or Fully Turn Key Ready to Open!!

Details: 

Location 1: 590 E st S San Bernardino CA 92408

Entity: HAH 3, LLC 
Space: 2400 SqFt
Rent: $20,000/Month
Annual Commercial Retailer C10-0000209-LIC
Retail Cannabis Business 971762
Cannabis Business Permit CBP22-001
2023 Gross Revenues: 

April: $173,473.23 
May: $180,152.57 
June: $173,345.86 
July: $168,244.30 
August: $152,855.63 
September:$139,026.28 
October: $130,205.42 
November: $121,873.30 
December: $123,533.34 
2024 Gross Revenues: 

January: $79,367.28 
February: $75,791.01 
 

Location 2: 345 Hemsted Dr Redding CA 96002

Entity: J@G Enterprises, Inc 
Space: Toal 5,430 Sq Ft; (2,172 Sq Ft Main Building: Sales & Inventory Floor) 
Rent: $13,708/ month
Consists of two buildings, Second Building is Office Space 
Annual Commercial Retailer C10-0000535-LIC
Cannabis License CB-2020-00930
2023 Gross Revenues: 

April: $627,185.45 
May: $647,893.20 
June: $631,975.42 
July: $590,132.49 
August: $573,084.28  
September: $555,476.94 
October: $427,307.10 
November: $426,783.21  
December: $457,988.78  
2024 Gross Revenues: 

January: $339,486.80  
February: $370,848.44  
March: $399,474.43 
April: $11,918.39  
 

Location 3: 1550 Locust Ave Shasta Lake CA 96019

Entity: 530 Cannabis 
Space: 1,900 Sq Ft
Rent: $4,424.63 (Increasing by 3% June 2024) 
Annual Commercial Retailer C10-0000114-LIC
Commercial Cannabis Dispensary Business License CC20-01
2023 Gross Revenues: 

April: $191,502.98 
May: $181,048.07 
June: $168,788.48 
July: $163,267.92 
August: $164,357.99 
September: $158,771.49 
October: $141,805.86 
November: $110,487.10  
December: $112,018.55 
2024 Gross Revenues: 

January: $84,575.69 
February: $80,865.12 
March: $71,154.00   
 

Location 4: 1894 Hobsonway E Blythe CA 92225 

Entity: HAH 1 LLC 
Space: 2,412 Sq Ft
Rent: $11,034.61
Real Estate Value: $1.2M 
2024 Gross Revenues YTD: $497,519.53
Annual Commercial Retailer C10-0000070-LIC
2023 Gross Revenues: 

April: $262,417.73 
May:$232,583.80 
June:$213,873.25 
July:$189,798.16  
August: $169,065.45  
September:$159,298.89 
October:$166,650.99 
November: $188,368.07 
December: $198,912.56 
2024 Gross Revenues: 

January: $170,314.82 
February: $168,528.73 
March: $178,220.61 
 

Asking Price: All Offers must be submitted by May 17th … Also the Receivership is open to Carving out a few locations without having to bid on the entire Portfolio.

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

Drew Mathews, DRE CA LIC#02091143

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

Email: ceo@glbgroupinc.com

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

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

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