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Real Estate Estimated Value 6.5M Comes W/ A Dispensary License (Costa Mesa, California)

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

Listing ID : 708627

Posted on May 9, 2024 View Count 61

Price For Sale:
$5,900,000
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

Take advantage of a rare opportunity to acquire a cannabis dispensary retail storefront strategically located in prime Costa Mesa, California. This exclusive offer encompasses an annual license for a cannabis Dispensary, offering a substantial entry point into California’s thriving cannabis market. The package includes both the license and the real estate, with a combined value of $6.5 million. Although the facility is not yet built out, construction is set to commence around May. Act swiftly, as the listing price will increase over time due to rising construction costs. The seller is also open to assisting the new owner with the build-out for an additional fee. This presents an excellent chance to expand your cannabis portfolio, benefiting from a blank canvas with no existing tax liabilities.

Seller Is Open to Selling the License Alone for $1.5M & Complete the Build Out! Lease terms to be determined.  

 

Details: 

Space: 3,578 SqFt
Needs to Be Built Out
Not Operational
Seller Open to Helping New Buyer Complete Build Out at Additional Cost
Real Estate Value: $6.5M
Owner is Essentially Included Dispensary Retail License For FREE!!!

License:

Annual Medical and Adult Use 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. 

Asking Price: $5.9M (Seller Open to Offers)

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

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Retail Dispensary form sale with option to buy building

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Retail Stores/ Dispensaries

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Green Life Business Group Inc.
License:DRE CA # 02061374

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