Posted on October 11, 2021 / 55Listing ID: 288490GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $7,300,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 619-653-0483

We have an amazing Turn-key cannabis Dispensary & Delivery opportunity located in Merced County (Population of 285k+). The Dispensary has been in operation for almost 2 years and has accrued a strong patient base best known from their patients to have the best customer service, fast delivery times and wide selection of products. The Dispensary is located in a very busy retail area surrounded by large retail stores, dealerships, airports and Colleges. Currently the Seller does very little marketing in the last rolling12 Months the business has grossed $6,3M and $3.5M being the last 6 months. The delivery component is currently not operational allowing for an increase in potential revenue, by implementing the delivery aspect of the business and delivering across the surrounding areas.

Details:

  • Space: 5k SqFt
  • Lease: 5 YR w/ 5 YR Option
  • Wholesale Inventory: $130,000
  • Avg Ticket #: $70/Order
  • Plenty of Parking
  • Gross Revenues Last 12 Months: $6,3M (This is with no delivery)
  • Gross Revenues Last 6 Months: $3.5M

Licenses: 

  • Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical 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: $7.3M (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 CA LIC# 02091143

If you have any questions call Drew (619) 653-0483 or Email: ceo@glbgroupinc.com

Operational Cannabis Retail, Cultivation, Delivery, Manufacturing & Distribution Business For Sale (Van Nuys, CA)
Great opportunity for a potential California leading, vertically-integrated Cannabis Business that could make a great addition to any Multi State Operator’s Southern California footprint!
Call Drew Mathews at (619) 653-0483 for more info.
DRE CA LIC# 02091143
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