Posted on January 20, 2023 / 33Listing ID: 514360APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $2,100,000
Company Name : Green Life Business Group, Inc
Phone : (619) 653-0483

Unique opportunity to acquire a historical cannabis retail and delivery business for sale in the city of Prunedale, California. This business is currently located in a limited license market in which the current owner holds the only active and first cannabis retail storefront license in the city of Prunedale. The business has also not implemented the delivery license adding a greater value. By implementing a delivery license a new owner can capture large market share in surrounding cities such as Salinas (Population 162,791), Hollister (Population 43,791), Watsonville (Population 52,067) , Monterey (Population 29,874), Etc. A newly established delivery component allows for a spike in top line revenue. 

This business is located in a high traffic area Near Highway 101 and Highway 156 with clear traffic visibility. 

This is a great opportunity for someone who is looking to target a limited license market, an operator looking to expand their footprint into a strategic location or someone who is looking to enter the industry into a fully turnkey autopilot business.   

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:

Dispensary Space: 1,800 Sq. Ft. 

Total Space: 1 Acre

Rent: $14,000 Per Month 

Delivery License Not In Use!

Business On Autopilot 

$2.1M Top Line Revenue 

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.

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

Asking Price: $2,100,000.00 (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

Drew Mathews, DRE LIC CA #02091143

If you have any questions Call Drew (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.

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