Listing ID : 870382
Listed On December 20, 2024 536
Listing Updated January 10, 2025
Court Receivership JUVA LIFE Dispensary For Sale By Receivership CALL FOR OFFERS FEB 14th (Redwood City, California) #1602
This is being sold by way of court ordered receivership and is subject to court confirmation
Fully operational cannabis dispensary in Redwood City, open for two years and generating $8M in gross annual revenues for sale! This turnkey business includes both storefront and delivery services and boasts a premium buildout, ensuring a seamless transition for the new owner. Offered by way of receivership, the sale benefits from the receiver’s legal oversight, providing a transparent and efficient transaction process. This unique arrangement minimizes risk, accelerates closing, and presents a rare chance to acquire a thriving business in a prime market.
Don’t miss this unparalleled opportunity to step into a fully operational dispensary with proven profitability, established delivery operations, and significant growth potential. As a call for offers listing, this opportunity promises a swift and competitive sale process. The receivership designation ensures a clean transaction, emphasizing transparency and ease of negotiation, making this one of the cleanest deals available in the market.
2024 YTD Revenues:
Gross $8.1M
Net- $6.8M
Details:
Space: 2500 SqFT-3k SqFt
Rent: $26k/Month
Wholesale Inventory: $181k
POS: Treez
Employees: 33
Customers/Patients in Database: 18k
DCC License: Annual
License:
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.
Asking Price: Call For Offers FEB 14TH
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
Drew Mathews, DRE CA LIC# 02091143
Eric Espinoza, DRE CA LIC# 02077927
If you have any questions Call Drew (619) 653-0483 or Eric (858) 245-6324
Email: ceo@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
26.9 Acres Divisible into 12 Acres and 14.9 Acres – Available Together or Separately Explore the potential of this expansive 26.9-acre property,
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