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FIRE SALE Liquidation City Of San Diego Turn Key Fully Operational Dispensary Through Court Receivership…Call For Offers By November 8th (San Diego, CA)

San Diego, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 639495

Posted on November 1, 2023 View Count 413

Price For Sale:
Inquire for Price
Company Name:
Green Life Business Group Inc
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

This Is Being Sold By Way Of Court Ordered Receivership And Is Subject To Court Confirmation.
Call For Offers Is By 3pm November 8th, 2023!

Rare fire sale opportunity! For a clean-licensed cannabis dispensary and delivery business located in San Diego, California. This unique opportunity comes through a court-ordered receivership, making it an exceptional find with no previous debts attached. You’re not just buying a business, you’re acquiring one of the cleanest licenses available in the market, free from the complications often associated with prior financial obligations. With an impressive track record, the business is projected to generate $5.1 million in Net Sales this year. A robust delivery service contributes around 5% to the overall sales, providing an additional revenue stream and customer convenience. 

Set in the thriving and dynamic market of San Diego, this business offers a unique opportunity to tap into a continually growing industry. The location, combined with high net sales, makes it an attractive investment proposition. This sale offers more than just a profitable venture. It provides a seamless entry point into the cannabis industry through a well-established business via court-ordered receivership.

This business is being sold by way of court ordered receivership creating one of  the cleanest licenses for sale on the market that one could find, meaning there are no prior debts attached to the sale of the business or license. 

2023 Revenues: 

January 2023

Gross: $616,086
Net: $494,069
February 2023

Gross: $557,093
Net: $448,573
March 2023

Gross: $600,803
Net: $487,750
April 2023 – Turned OFF WEEDMAPS

Gross: $522,456
Net: $428,268
May 2023

Gross: $516,916
Net: $423,997
June 2023

Gross: $495,174
Net: $415,656
July 2023

Gross: $455,498
Net: $377,936
August 2023

Gross: $454,965
Net: $388,011
September 2023

Gross: $459,492
Net: $388,900

Details: 

Space: 1,400 SqFt 
Rent: $6,000
2023 Net Sales: On Pace to do $5.1M
Roughly only 5% of sales are through delivery
Call for Offers by 3pm November 8th, 2023

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: Call for Offers by 3pm November 8th, 2023

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

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.

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

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