Posted on November 21, 2022 / 62Listing ID: 494618APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,500,000
Company Name : Green Life Business Group, Inc
Phone : 8582456324

Great opportunity to acquire a fully operational Retail Storefront in Ceres, CA (Pop. 50k) in Stanislaus County (Pop. 550k). The business is fully operational and licensed both at the local and state level, and the business is on pace to do $1.2M in Gross Revenue for 2022 with both the retail & delivery. The new owner could invest in expanding the delivery radius and bring on board more drivers in order to obtain more sales. The simplicity of home delivery provides the convenience that many consumers and patients appreciate with the benefit of quality cannabis products. Cannabis delivery businesses play a critical role in the state and have now been labeled an essential business, creating a large demand for more.

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.

Details: 

  • Space: 3,400 SqFt
  • Rent: $5,700/Month
  • Wholesale Inventory: Negotiable
  • Employees: 8
  • P.O.S: Transitioning to Trees
  • Parking Spaces: 20+
  • Buildout: $1M Invested
  • 2022 Projected Gross Revenues: $1.2M

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.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

Asking Price: $1.5M (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

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

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