ADD FREE LISTING

Fully Operational Cannabis Dispensary & Delivery Business For Sale Very Desirable City In Riverside County (Riverside County, California)

Riverside, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 667049

Posted on January 25, 2024 View Count 69

Price For Sale:
$6,500,000
Gross Revenue:
$10,000,000
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

Seize the opportunity to own a thriving cannabis dispensary in one of Southern California’s most sought-after cities in Riverside County. This operational turnkey business has proven to be a lucrative investment, boasting an impressive $10 million in gross revenues for 2023, with a net profit of $2 million. Situated in a prime location within a desirable city, the 5,000 sqft facility is fully equipped and optimized for efficient operations. With a monthly rent of $13,000, this space offers an excellent balance of affordability and visibility. The strategic location within Riverside County ensures a steady flow of customers from a diverse and engaged market, and its 3min off the freeway!

This opportunity is ideal for entrepreneurs looking to enter or expand in the cannabis market, taking advantage of the established customer base and robust financial performance. Don’t miss your chance to own a piece of the thriving cannabis industry in one of Southern California’s most desirable markets. 

 Details: 

Space: 5k SqFt
Rent: $13,300/Month + NNN
Lease: 5YR w/ Options 
Employees: 23
Parking: Plenty of Parking
2023 Gross Revenues: $10M 
2023 Net Revenues $2M
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: $6,500,000.00 (Seller Open to Offers) 

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.

Create an account

I Agree to 420Property’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

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

420 PROPERTY SEARCH

Hemp Only Listings

Listings You May Also Like

Cultivation/ Production – Cannabis license for sale.

Massachusetts, USA

Embark on a lucrative venture in the cannabis industry with this business license for an approved Tier II cultivation and manufacturing site. Boasting

Licenses For Sale

Liquidation Fire SALE, Fully Operational Cultivation Pumping Out 3,000 LBS Per YEAR Out Of 20,000 SqFt, With An Additional 23,000 SqFt Available (Adelanto, California)

Adelanto, CA, USA

The Cultivation business sits on a parcel spanning 6 acres in Adelanto, California. This property boasts not one but two strategically positioned buil

Cultivation/ Production

Frost Exotic Cannabis – Denver’s BEST Location

2949 West Alameda Avenue, Denver, CO, USA

Frost Exotic Cannabis ("Frost Exotics"), Denver’s premier cannabis dispensary, formerly known as Diego Pellicer - Colorado, is a transformational ca

Retail Stores/ Dispensaries

Fully TurnKey Provisional Cannabis Manufacturing Type 6 & Distro Business (Nevada City, California)

Nevada City, CA, USA

Fully Turnkey Cannabis Manufacturing Type 6 & Distribution business in Nevada City, CA. The property stands on a 1,500 SqFt state of the art facil

Manufacturing / Processing