Cannabis & Hemp Insurance


Price : $6,900,000
Listing Type : Retail Sales/ Dispensary
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : 619-653-0483
The Dispensary is located in 1 of the Top 3 BEST LOCATIONS in all of Santa Ana! Currently the owner has licenses for both Retail and Non Storefront Retail on a 10k Sq.Ft. building, however the building is zoned for Cultivation, Manufacturing and Distribution. The business has done $4.3mil YTD in gross sales just from the Retail and Non Storefront Retail alone. With the additional open space, the possibilities are endless with this business. Implementing the other uses Cultivation, Manufacturing and Distribution and becoming vertically integrated will only add to the existing revenues, by cutting out the middle man. The dispensary has been able to stick out from the competition by having one of the largest variations of products in Santa Ana along with providing top tier customer service, creating a warm and welcoming experience for the costumers.
Cannabis Dispensaries have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries to remain open. Just as pharmacies are allowed to do, they are open for pickup or home delivery, home delivery is strongly encouraged. Now Dispensaries and cannabis deliveries are deemed critical! COVID-19 has been detrimental to many businesses all across the state, however cannabis businesses were labeled an essential business and like many recession proof businesses they have prospered exponentially during these times.
Facility:
  • Dispensary Allocated Space: 3,000 Sq.Ft.
  • Total Building Space: 10,000 Sq.Ft.
  • Property is zoned for an additional 3 uses: Cultivation, Manufacturing and Distribution
 
Details:
  • 2020- Jan – May – $2.1M Storefront
  • 2020 Jan – May $3M Deliveries
  • Jan 2020- May $5.1M on pace to do $12M 2020
  • Both Uses: Recreational and Medical Sales permitted
  • No Stock Deals
  • Open to Some Seller Financing with at least $4.5M Down

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: $6,900,000.00 (Seller Financing Available, Minimum $4.5mil Down)  

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

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

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

Orange County Premier Broker
Green Life Business Group, Inc DRE CA LIC# 02061374


Contact Listing Owner
Cannabis & Hemp Banking

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