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Cannabis Dispensary & Delivery Business For Sale (Costa Mesa, California)

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

Listing ID : 707192

Posted on May 6, 2024 View Count 69

Price For Sale:
$699,000
Facility & Tenant Improvements:
Space: 2076 SqFt Rent: $3650/Month (Rent Schedule is in Effect Once License is Issued) Lease: 5YR w/ Option Parking Spaces: 10 Proposed Estimated Buildout Cost: $650k State Provisional License in Hand Licenses: Retail & Delivery Capital Invested: $100k
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 770-2699
Email:
elliot@glbgroupinc.com
Description :

Great opportunity for a Cannabis Dispensary & Delivery Business for Sale in Costa Mesa, CA (Pop. +110k). The building is in a prime location, the stand-alone building is perfectly situated in Costa Mesa, an emerging cannabis hotbed in Orange County. The city’s progressive stance on cannabis regulation has created a flourishing market, making it the ideal location for your new venture. With a spacious 2,076 SqFt of space, this building provides ample room for retail operations, storage, and a delivery hub. Its standalone nature offers privacy and convenience for both customers and staff. Take advantage of an incredibly low rent during the licensing process, allowing you to focus on establishing your business without excessive overhead costs in the interim. Once the license is issued, the rent schedule and reasonable increases will go into effect. The current owner has invested over $100,000 into the project, including obtaining a provisional license issued by the state. This significant groundwork ensures a smooth transition for the new owner, saving time and resources.  Costa Mesa’s burgeoning cannabis market presents a wealth of opportunities for growth and profitability. With an estimated buildout cost of $650,000, the new owner could create a stunning dispensary that caters to the demands of the discerning clientele in the area. Don’t miss your chance to capitalize on Costa Mesa’s rise as the new cannabis hot zone in Orange County!

Details: 

Space: 2076 SqFt
Rent: $3650/Month (Rent Schedule is in Effect Once License is Issued)  
Lease: 5YR w/ Option 
Parking Spaces: 10 Proposed
Estimated Buildout Cost: $650k 
State Provisional License in Hand
Licenses: Retail & Delivery 
Capital Invested: $100k 

C.U.P has now been issued. (5/24)

Licenses: 

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.
Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public. 

Asking Price: $699k (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. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE LIC CA #02138336

If you have any questions call Elliot (619) 770-2699

Email: elliot@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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