Posted on April 11, 2022 / 140Listing ID: 382909APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $650,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 245-6324

This opportunity is ideal for someone brand new to the industry or  an existing cannabis company looking to expand their delivery retail footprint in the Southern California Cannabis market. Located in Hesperia, CA in San Bernardino County (Population of +2.1M), which is considered the high desert. With this delivery business cannabis products are brought straight to the consumer’s home, with little to no capacity requirements and at the consumers own discretion, making Cannabis Delivery Services in high demand. The business is not limited to only making deliveries in the city or county, but can delivery cannabis as far as logistically possible!

 In 2021, the business did about $1.5M in gross revenues as a Medical Only Delivery Business!!! The business has been operational since 2019 and is fully licensed at both the local and state level. California recently announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program will sunset June 30, 2022 with the first deadline being March, 31st, 2022. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business.

Details:

  • Space: 1200 SqFt
  • Rent: $2,300
  • Lease Terms: 5 years ending 2023
  • Number of Assigned Parking Spaces: 10 Unassigned Parking Spaces
  • Point of Sale System: Proteus420
  • Number of Customers/Patients: 12,000
  • Delivery Radius: 50 Miles
  • # of Employees: 2
  • 2021 YTD: $1.5M

License:

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

Asking Price: $650k (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

Eric Espinoza, DRE LIC CA# 02077927

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

Or Email : eespinoza@glbgroupinc.com

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Cannabis & Hemp Banking
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