Listing ID : 711118
Listed On May 16, 2024 181
Listing Updated September 2, 2024
This is being sold by way of court ordered receivership and is subject to court confirmation
Discover an exceptional opportunity in the heart of a prime retail location in Richmond, California. Located near the Hilltop Mall and Hilltop Auto Mall. This store boasts easy access and top-notch security, making it an ideal setting for a thriving cannabis business.
Nestled in a strategic location, this store benefits from its proximity to prominent shopping destinations, ensuring high visibility and accessibility for customers. In 2023, the store achieved net sales totaling $2,861,806.00, with minimal marketing and owner insight. The owner has secured a favorable long-term lease, providing stability and a solid foundation for continued growth. Approved license uses at this location encompass dispensary, delivery, and manufacturing, offering versatility and multiple revenue streams to capitalize on various aspects of the cannabis market. One of the standout features of this opportunity is its status as a receivership listing. This designation ensures a clean and efficient transaction process, emphasizing transparency and ease of negotiation. Buyers could expect streamlined procedures and a straightforward path to ownership, making this one of the cleanest deals available in the market.
Revenues:
2023 Net Sales: $2,861,806.00
Details:
Space: 4,980 SqFt
Rent: $22,167.00
Lease: -Jan 2026 w/ (2) 5YR Options
Approved Uses: Dispensary, Delivery & Manufacturing
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 Due By August 16th, 2024
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
Eric Espinoza, DRE CA LIC# 02077927
If you have any questions call Eric (858) 245-6324
Email: broker@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,
Listings You May Also Like
Nationwide
BANKRUPTCY SALE – TRADEMARKS, DOMAIN NAMES CUSTOMER LISTS AND OTHER INTELLECTUAL PROPERTY ASSETS OF PUREKANNA, A FORMER LEADING BRAND OF CBD PRODUCT
Sacramento, CA, USA
Cannabis Turnkey MicroBusiness Cultivation, Distribution & Delivery Business For Sale (Sacramento, California) #1656Located in the heart of Sacram
San Bernardino, CA, USA
Massive State of the Art Cultivation Facility Real Estate Included Valued at 25M CALL FOR OFFERS MARCH 21ST (San Bernardino County, California) #1655V
South Richmond Hill, Queens, NY, USA
New York Cannabis Provisional Licensed Dispensary Business For Sale (South Richmond Hill, New York) #1654This is a rare opportunity to acquire a Provi