138Listing ID: 259198GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $4,000,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 245-6324

Amazing opportunity for a Fully Licensed Cannabis Dispensary & Delivery business located in Long Beach, CA (population of +460K)! The business was never operational and the new owner will have to relocate the licenses to a new building within the approved zones of the City of Long Beach. The licenses are currently connected to a physical property, but the existing property will not work and the new owner will have to move the licenses to a new location.

Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing and  8% of Gross Receipts for Retail.

Details: 

  • Licensed for Retail & Delivery
  • Use: Recreational & Medicinal
  • New Owner will have to move the licenses to a new location
  • Can only be moved within approved zones of the City of Long Beach
  • Sellers could assist with location transfer in terms of filing the necessary applications & paperwork on their end to assist in the transfer.

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, cannabis and cannabis products as part of a retail sale.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

Asking Price: $4,000,000.00 (Seller Financing Available)

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

Eric Espinoza, DRE LIC CA# 02077927

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

Or Email : eespinoza@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking
Related Listings