268
Price : $6,500,000
Listing Type : Retail Sales/ Dispensary
Status : ACTIVE
Phone : 6196530483

Green Life Business Group, Inc

This Dispensary is very well established and has all proper licensing along with their Provisional License from the state of California. This is an amazing opportunity for someone that is looking for a Turn-Key Cannabis Dispensary in Socal that has a Full-Absentee model in place.The shop has a 4.9 Star on Weedmaps, the largest most well known marketing site for cannabis business. In 2018, the dispensary grossed over $3.2mil, from just the retail alone not including the Distribution license.

This shop is full absentee and employee ran, with current owner spending minimal time and resources towards management and the business operations.The shop is in a great location along with opportunity for expansion and growth by applying for Manufacturing and Cultivation licenses. Seller has indicated that they are open to a small % of Seller Financing with the right group.

Licenses: 

  • Retail & Distribution in Hand
  • Can obtain Manufacturing and Cultivation Licenses

Dispensary:

  • Total Space: 6,420 sqft
  • P.O.S. Gross Sales 2018: $3.2mil
  • 12 Display cases, 3 point of sales stations
  • Huge lobby and a very Large Med room, seats up to 15
  • Hours of operation: 10am-8pm, 7 days a week
  • Employees: 9
  • Wholesale Inventory: YTD Inventory amount (6/6) $172,090
  • Plenty of Parking Spots

Lease:

  • Lease Term: 5 years
  • Rate: $17,484 NNN

Reason For Selling: Owner is focused on a large scale 10 figure size Cultivation in Northern California.

Asking Price: $6,500,000.00

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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