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587
Price : $3,600,000
Listing Type : Retail Sales/ Dispensary
Status : ACTIVE
Phone : (619) 653-0483

Green Life Business Group, Inc

Amazing opportunity to enter the cannabis market in Santa Ana! There are 3.2 million residents in the OC, and the 33 other Orange County cities are not allowing retail cannabis dispensaries! The seller has put in the time and effort to obtain MicroBusiness licenses in Santa Ana and is now looking to sell. The Seller has an approved application pending buildout and inspection of Certificate of Occupancy for the Retail. They have provided in the plans submitted to the city, 7000 for cultivation as well as a distribution license.

The real estate can be purchased for an additional $3.4mil. PRIME PRIME LOCATION, the property is very close to South Coast Plaza, freeway-adjacent, and has 110 Solar Panels on the building. Right off HWY 55, you can see this location off the freeway and can put signage of the building, so you can capture all the cars off the freeway. The Seller has spent over $100,000 in Site Plans alone. 

Licenses:

  • Retail
  • Cultivation
  • Manufacturing Type 6
  • Distribution

Property:

  • Building: 11,000 sqft
  • Retail Space: 3,000 sqft
  • Ceiling Height: 14-16 ft
  • 400 amp service
  • Solar Panels: 110
  • Parking: 12 parking spots
  • Rent: $2.25 per sqft (If purchasing only licenses)
  • Real Estate can be purchased for an additional $3.4mil

Recap:

  • This is a licenses and real estate play. There is no business in operation, the new operator will have to continue the build out and licensing process. There are two ways to move forward, 1) Purchase the licenses only for $3.6mil and create a lease or 2) Purchase both licenses and real estate for $7mil.
  • The Seller had previous retail operations in Orange County and has over 25,000 customers in their database that will be included! Which will be extremely useful on Grand opening through text blasting.
  • There is also an ongoing delivery retail business that can be included with this purchase.
  • Can be Operational within 90 to 120 days.

Asking Price: $3,600,000.00

Or

$7,000,000.00 (Licenses & Real Estate)

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.

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