The opportunity being presented involves acquiring a portable social equity provisional retailer license in North Hollywood, California. The portable license offers flexibility for a new owner to choose a location that best suits their specific needs. While also having the option to keep the license at its current location. Although the opportunity is currently pre-revenue, it provides the buyer with the chance to construct a fully customized retail facility from the ground up, thereby creating a brand new revenue stream.

Furthermore, the buyer would not be exposed to any tax liabilities from the previous owner, which is a significant advantage. This opportunity is particularly rare and valuable as it allows entry into the thriving cannabis industry in Los Angeles, which is widely recognized as the Mecca of the Cannabis Industry. By seizing this license-only play, the buyer can capitalize on the market and unlock the potential for success. It serves as a valuable asset and provides a solid foothold in an industry with tremendous growth potential.

Details:

Space: 2,200 SqFt 
Rent: $11,000/Month
Lease Terms: TBD
Parking Spaces: 7
Needs to be Built Out 
Social Equity License 

License:

Provisional Retailer Storefront: Cannabis retailers sell cannabis goods through storefront shops (dispensaries) or delivery. 

Asking Price: $349,000.00 (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

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions call Yesenia (858) 633-3013

Email: asm@glbgroupinc.com

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