Posted on February 14, 2023 / 58Listing ID: 524672APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Banking
Price : $1,999,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 6196530483

Unique opportunity to acquire a fully operational Retail Storefront business in Eureka (Pop +26k). This dispensary is in a great location, with plenty of parking and a lot of passing traffic, which increases visibility! The business is located in Humboldt County, CA (Population +136k), within walking distance to coffee shops, restaurants and a 5 minute access to major freeways.

There are no debts or liabilities on the license, and the lease is in good standing. On top of all this, this location has a great brand name, as well as a loyal clientele of customers and patients in the community. The company advertises on Weedmaps, Instagram, and their own Website, they also have more than a hundred excellent reviews on Google and Weedmaps !! The facility has easy access, a retail space of 1,800 SqFt, and a monthly rent of $4,800/Month. This is a perfect opportunity for someone who is looking to expand operations and target major markets to establish a larger footprint or someone who is looking to enter the industry. 

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: 

  • Space: 1,800 SqFt  
  • Rent:  $4,800/Month
  • License Type: Retail Storefront
  • State License Type: Provisional
  • 2.7M Top Line Revenue
  • Plenty of Parking
  • Building in Great Location
  • Great Brand Name with excellent reviews on Weedmaps & Google !!
  • Marketing: Weedmaps, Instagram, Company Website
  • Walking distance to coffee shops & restaurants
  • 4 Minute access to major freeways

Licenses:

  • 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, pursuant to express authorization by local
    ordinance, recreational & medical cannabis products as part of a retail sale.

Asking Price: $1,999,000.00

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

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483 

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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