144Listing ID: 82935GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $2,500,000
Listing Type : Retail Sales/ Dispensary
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 619-653-0483

Turn-Key Cannabis Dispensary for sale, located in Santa Cruz County (Population of 273k+). Owner has both local and state approvals issued already, the dispensary is operational and fully turn-key! Right now the shop is on pace to do $600k in revenues for 2020.

Cannabis Dispensaries have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries to remain open. Just as pharmacies are allowed to do, they are open for pickup. Now Dispensaries and cannabis deliveries are deemed critical! COVID-19 has been detrimental to many businesses all across the state, however cannabis businesses were labeled an essential business and like many recession proof businesses they have prospered exponentially during these times.

Details:

  • Space: 1,100 SqFt
  • Rent: $2,000/Month (If shop exceeds $20k in sales, landlord gets 10% of Sales)
  • Lease: Open to Negotiation with New Operator
  • Parking Spots: 8+
  • Employees: 3
  • Wholesale Inventory: $69k
  • 2020 Revenues: On pace to do $600k this year

Licenses:  

  • Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical 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.
  • Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

Asking Price: $2,500,000.00

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 at 619-653-0483

or email ceo@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking
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