Flagship Dispensary Opportunity! Don’t miss this lucrative opportunity to acquire an approved dispensary, distribution, & consumption lounge (1 of 8 in San Francisco) in the dense residential & commercial area San Francisco, CA

The current owners have already begun the permitting licensing process for the local and state approvals. As well as having the final revisions of floor plans to build out the existing space. They have already have a modern approved look in the best neighborhood in San Francisco (Pop +800k). Located in Jackson Square which is the intersection of North Beach, FIDI and The Embarcadero. It’s the SOHO of San Francisco. The unique focal point of this area it comprises of high density  residential and commercial tenants just blocks away from embarcadero, the surrounding area is a popular tourist attraction. Amazing lease term with significantly below market rate for years to come The new owners are in a position to add their personal design touches to the buildout.

Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

Details:

Space: 25,000 Sq Ft
Rent: $32,000/Month Includes NNN
Lease Terms: 10 YR, (2) 5 YR Options
Retail Build Out Cost: est. $400k
Consumption Lounge Build Out: est. $150k

Licenses:

Consumption Lounge: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a marijuana lounge.  The move gives visitors a place to smoke or eat edibles, since many hotels and rental properties don’t allow for smoking. Similar to alcohol, cannabis can’t be consumed in public places.
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.
Distribution:  Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors. 

Asking Price: Call For Offers 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Alejandro Ochoa, DRE CA LIC# 01120049

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions call Alejandro (619) 250-4384 & Eric at (858) 245-6324

Email: alejandro@glbgroupinc.com & broker@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.