14 Dispensary Chain Portfolio, HIGHLY PROFITABLE, California Giant SALE (California) #1303

  • $49,900,000
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14 Dispensary Chain Portfolio, HIGHLY PROFITABLE, California Giant SALE (California) #1303
  • $49,900,000

Business Description

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.

Business Details

  • Price: $49,900,000
  • Business Type: Dispensary Retail w/ Delivery
  • Business Status: For Sale
  • Location: California
  • Gross Revenue: $22,666,180.14
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Drew Mathews, CEO
  • Drew Mathews, CEO