Posted on June 17, 2022 / 141Listing ID: 414632APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance

Great opportunity to acquire Retail & Delivery Licenses in San Francisco, CA (Population 3M+). These licenses are located in one of the major markets for cannabis consumption in California. Currently the owners have city approvals in hand and have not applied for the state license. Representing a greater value, this way the new owner could simply apply for the state license under their information, removing the extensive transferring process and making it a smoother transition. Owners also have approved building plans that the new owner could use, making this project construction ready! The business is not operational, the new owner must complete the buildout and licensing phase 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:

  • Space: 2,400 SqFt
  • Rent: $8,000/Month
  • Long Term Lease Available
  • Construction Ready
  • Currently not Operating
  • New Owner Must Complete Buildout & Licensing Phase
 

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: $750,000.00 
 

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

Elliot Cardenas, DRE CA LIC# 02138336 & Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Elliot at (619) 770-2699 Or Eric (858) 245-6324 

Or Email : elliot@glbgroupinc.com or 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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