Posted on December 9, 2021 / 270Listing ID: 312185APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,500,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 619-653-0483

Unique opportunity to acquire a Fully TurnKey Retail & Delivery Business in San Francisco, CA (Population 3M+). These licenses are located in one of the major markets for cannabis consumption in California. Licenses are approved and the facility is fully built out, the owner has put in $2.5M into the buildout and T.I.s alone, representing a greater value! The business is no operational, if you are looking to expand your retail footprint in the San Francisco market this is a great opportunity to acquire a fully turnkey operation.

Earlier in the month, the City of San Francisco Board of Supervisors passed an ordinance to suspend the Cannabis Business Tax for the 2021 and 2022 Tax Years!!!

Details:

  • Space: 4,400 SqFt
  • Rent: $28,000/Month
  • Currently not in Operating
  • Over $2.5M Invested into the Build out Alone!

Licenses:

  • Retail: 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.
  • Non-StoreFront Retail- Off-Premises Sales, Direct-To-Consumer.
Asking Price: $1.5M (Seller Open to Offers) 
 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. 

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE LIC CA# 02091143

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

Or Email : ceo@glbgroupinc.com

Unique Joint Venture- Licensed CA Premium Cannabis Brand Seeking Partners
A rare opportunity to partner with an experienced industry executive on a new venture poised to launch.  Licensed, meticulously constructed, and focused on operating a financially prudent organic cannabis brand.  VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking