Posted on June 28, 2022 / 68Listing ID: 419657APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $850,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 8582456324

Great opportunity to acquire Retail & Delivery Licenses in San Francisco, CA (Population 3M+). These Article 33 licenses are located in one of the major markets for cannabis consumption in California. The new owner will have to identify and lock down a new location to move this license too. This way the new owner can have their ideal retail location space, design, etc representing a greater value! The business is not operational, the new owner must relocate the license, complete the buildout at that new location and complete the licensing process in order to become operational.

Earlier in the month, the City of San Francisco Board of Supervisors passed an ordinance to suspend the Cannabis Business Tax for the 2021 and 2022 Tax Years!!!

Details:

  • Article 33 Retail Dispensary & Delivery License
  • New Owner Must Move License to a New Building
  • Not Operational

Licenses:

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

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this. 

Asking Price: $850,000.00 (Seller Open to Offers) 

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

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric (858) 245-6324 

Or Email : eespinoza@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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Cannabis & Hemp Banking
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