Posted on November 10, 2021 / 72Listing ID: 296340GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,600,000
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : 619-770-2699

Rare opportunity for a Fully Operational Cannabis Retail & Delivery business in Desert Hot Springs, CA. The business has been operating for 3 years now and has a strong presence in the community. The shop averages +$150k/month in gross revenues and is projected to do $2M for 2021 in gross revenues! The building is also zoned for a Cultivation of 99 Plants. Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. Delivery has been on the rise all across the state due to the recent pandemic but also because of convenience, consumers no longer have to leave their home to purchase product.

Details: 

  • Revenues: On Pace to do $2M in 2021
  • Total Space: 2,300/SqFt
  • Rent: $6,100/Month
  • Lease: Month to Month, In December a 5 Year Lease Commences
  • Wholesale Inventory: $80k
  • Employees: 6
  • Point of Sale: BioTrack
  • Parking: 8 Spots plus street parking
  • Patients/Customer Base
  • Avg ticket #: $45/Order
  • Marketing: WM & Marketing in surrounding Wellness Resorts
  • Use: Recreational & Medicinal
  • Zone for Cultivation of 99 Plants

Licenses:

Asking Price: $1.6M (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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot 619-770-2699  or Drew (619) 653-0483

Email: elliot@glbgroupinc.com or ceo@glbgroupinc.com

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Cannabis & Hemp Banking
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