75Listing ID: 247732GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,490,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 619-485-0482

Great opportunity for an on-line sales ancillary business. The company utilizes a subscription based model on which consumers receive packaged cannabis goods on a monthly basis. The company takes indulgence to the highest level with a premium selection of canna-goods like glassware, smoker gear, novelty items, munchies, local dispensary specials and more. The company has been operating for almost 10 years and has continued to consistently grow its consumer following and popularity. 

Details: 

  • Location Size: 4,206 SqFt
  • Rent: $5258.07
  • Lease: 2YR (Landlord Open to Extend)
  • 2020 Gross Sales: $1.5M (Net 30%) 
  • Fixtures: $44k
  • Wholesale Inventory: $25k 
  • Employees: 1 Full Time and 2 Part-time (during subscription box production runs.)

Ancillary businesses are the wide range of companies providing B2B services to other businesses in the space. The great thing about starting an ancillary business in cannabis is it gives you an opportunity to pivot your existing skill set and experience into a young and rapidly expanding industry.Although the cannabis industry is now booming, it’s still young. As more states legalize and the federal government debates following in their footsteps, that market share is likely to shift to the legal side. As the industry increases in value, cannabis companies will have more to spend on services.Think about what you’re already good at and consider launching a cannabis-specific company providing that service. Example, digital marketers can specialize in marketing for cannabis businesses.

Asking Price: $1,490,000.00

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

Alejandro Ochoa, DRE LIC CA# 01120049

If you have any questions Call Alejandro at (619) 485-0482

Or Email : alejandro@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking
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