CannaMLS ID: 253781

Cannabis Retail Business for sale in CA 92108

14 Dispensary Chain, HIGHLY PROFITABLE, California Giant SALE (California)

Created  | Updated 

Price

$ 49,900,000

Commence on a lucrative journey with our exclusive California Giant Cannabis Dispensary Retail Portfolio, featuring 14 dispensaries strategically positioned in

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Property

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Agriculture, Industrial, Retail

Commence on a lucrative journey with our exclusive California Giant Cannabis Dispensary Retail Portfolio, featuring 14 dispensaries strategically positioned in PRIME high traffic cities all over California. This portfolio has 10 stores in Southern California all PRIME LOCATIONS, and 4 stores in Northern California, making their mark on the entire State. Benefit from being in the largest cannabis market in the United States, with the geographic advantage of ensuring a broad customer base and operational synergy. Positioned as one of the largest cannabis retail companies in California, this portfolio offers not just dispensaries but with the option to acquire some of the real estate as well. Also includes a commercial microbusiness license. 

Seize the opportunity to hit the ground running with a comprehensive package, including a meticulously curated inventory and an extensive book of business. Leverage the established reputation and customer loyalty to make your mark in the flourishing and ever-growing cannabis market. Don’t miss out on this extraordinary chance to be a large player in the future of cannabis retail!

Southern California Dispensaries:

Dispensary 1: City of San Diego 

Annual Retailer – Adult & Medicinal

Space: 3,000 Sq Ft (Licensed) 3,475 Sq Ft Option to Expand

Rent: $20k / month

Dispensary 2: City of San Diego 

Annual Retailer – Adult & Medicinal

Space: 5,074 Sq Ft (Licensed) Option to Expand 1,200 Sq Ft 

Rent: $17k / month

Store 1 and 2 Combined 2023 Gross Revenue – $22,666,180.14

Dispensary 3: County of San Diego 

County of San Diego License * Very Desirable Location

Non Operational

Space: 4,920 Sq Ft

Rent: $22k / month with 2% Gross

Expected Open Date: 8/1/24

Dispensary 4: City of San Diego 

City of  of San Diego License * Very Desirable Location

Non Operational

Space: 6,000 Sq Ft (Licensed) + 6,000 Sq Ft Common Area/ Expansion 

Rent: $62k / month with 2% Gross 

Expected Open Date: 8/1/24

Capital Invested: $350K

Dispensary 5: Palm Desert Area

Annual Retailer – Adult & Medicinal

Space: 10,000 Sq Ft Retail Space / 4,000 Sq Ft Distribution Space 

Rent: $35k / month

2023 Gross Revenues: $2,800,999.52

Dispensary 6: Riverside County

Space: 3,978 Sq Ft

Rent: $20k / month

Expected Open Date: Just Opened

Capital Invested: $1.2M

Dispensary 7: Orange County

Non Operational

Space: 5,695 Sq Ft

Rent: $25k / month 

Expected Open Date: 8/1/24

Capital Invested: $300K

Dispensary 8: Riverside County

Annual Retailer – Adult & Medicinal

Distributor License 

Space: 5,889 Sq Ft Retail Space / 2,511 Sq Ft Distribution Space

Rent: $25k / month

2023 Gross Revenue: $1,766,428.60

Dispensary 9: Riverside County

Annual Microbusiness: Adult & Medicinal  Manufacturing, Distributor, Cultivator, Retailer, 

Nursery

Space: 5,000 Sq Ft 

Rent: $11k/ month 

Capital Invested: $700k

Only Using Nursery & Distribution License Currently 

Dispensary 10: Riverside County

Non Operational

Space: 4,200 Sq Ft Retail Space / 250 Sq Ft Distribution Space

Rent: $15k/ month

Expected Open Date: 8/1/24

Capital Invested: $250K

Northern California

Dispensary 11: Bay Area

Non Operational

Annual Retailer – Adult & Medicinal

Space: 2,100 Sq Ft

Rent: $10k / month

Expected Open Date: 5/1/24

Capital Invested: $350K

Dispensary 12: Northern California

Non Operational

Annual Retailer – Adult & Medicinal

Space: 2,943 Sq Ft

Rent: $11k / month

Expected Open Date: 4/15/24

Capital Invested: $800K

Dispensary 13: Bay Area

Non Operational

Annual Retailer – Adult & Medicinal

Space: 963 Sq Ft

Rent: $15k / month

Expected Open Date: 4/15/24

Capital Invested: $300K

Dispensary 14: Northern California

Dispensary with Lounge

Annual Retailer – Adult & Medicinal

Space: 2,500 Sq Ft

Rent: $5k / month

2023 Gross Revenues: $704,976.44

Licenses: 

Adult & Medicinal Annual Microbusiness: Manufacturing, Distributor, Cultivator, Retailer, Nursery

Commercial Annual Retailer – Adult & Medicinal

Asking Price: $49.9M with the Option to Buy the Real Estate for $8M

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

Drew Mathews, DRE LIC CA# 02091143

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

Or Email : ceo@glbgroupinc.com

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

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