4 High Times Cannabis Dispensary Portfolio For Sale By Receivership CALL FOR OFFERS MAY 17th (California) #1374

  • CALL FOR OFFERS MAY 17th
For Sale Med New Popular Rec Turn Key
4 High Times Cannabis Dispensary Portfolio For Sale By Receivership CALL FOR OFFERS MAY 17th (California) #1374
  • CALL FOR OFFERS MAY 17th

Business Description

This is being sold by way of court ordered receivership and is subject to court confirmation.

All assets sold from the Receivership Estate are done so free and clear of all liens. This includes all City and State Taxes. 

Commence on a lucrative journey with our exclusive High Times Dispensary Retail Portfolio, featuring 6 dispensaries strategically positioned in PRIME high traffic cities all over California. Benefit from being one of the largest players in the cannabis markets in the United States, with the geographic advantage of ensuring a broad customer base and operational synergy. Seize the opportunity to hit the ground running with a comprehensive package. 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!

 

ALL 4  Retail Dispensaries are FULLY BUILT OUT and are Either Fully Operational or Fully Turn Key Ready to Open!!


Details: 

Location 1: 590 E st S San Bernardino CA 92408

  • Entity: HAH 3, LLC 
  • Space: 2400 SqFt
  • Rent: $20,000/Month
  • Annual Commercial Retailer C10-0000209-LIC
  • Retail Cannabis Business 971762
  • Cannabis Business Permit CBP22-001

2023 Gross Revenues: 

  • April: $173,473.23 
  • May: $180,152.57 
  • June: $173,345.86 
  • July: $168,244.30 
  • August: $152,855.63 
  • September:$139,026.28 
  • October: $130,205.42 
  • November: $121,873.30 
  • December: $123,533.34 

2024 Gross Revenues: 

  • January: $79,367.28 
  • February: $75,791.01 

 

Location 2: 345 Hemsted Dr Redding CA 96002

  • Entity: J@G Enterprises, Inc 
  • Space: Toal 5,430 Sq Ft; (2,172 Sq Ft Main Building: Sales & Inventory Floor) 
  • Rent: $13,708/ month
  • Consists of two buildings, Second Building is Office Space 
  • Annual Commercial Retailer C10-0000535-LIC
  • Cannabis License CB-2020-00930

2023 Gross Revenues: 

  • April: $627,185.45 
  • May: $647,893.20 
  • June: $631,975.42 
  • July: $590,132.49 
  • August: $573,084.28  
  • September: $555,476.94 
  • October: $427,307.10 
  • November: $426,783.21  
  • December: $457,988.78  

2024 Gross Revenues: 

  • January: $339,486.80  
  • February: $370,848.44  
  • March: $399,474.43 
  • April: $11,918.39  

 

Location 3: 1550 Locust Ave Shasta Lake CA 96019

  • Entity: 530 Cannabis 
  • Space: 1,900 Sq Ft
  • Rent: $4,424.63 (Increasing by 3% June 2024) 
  • Annual Commercial Retailer C10-0000114-LIC
  • Commercial Cannabis Dispensary Business License CC20-01

2023 Gross Revenues: 

  • April: $191,502.98 
  • May: $181,048.07 
  • June: $168,788.48 
  • July: $163,267.92 
  • August: $164,357.99 
  • September: $158,771.49 
  • October: $141,805.86 
  • November: $110,487.10  
  • December: $112,018.55 

2024 Gross Revenues: 

  • January: $84,575.69 
  • February: $80,865.12 
  • March: $71,154.00   

 

Location 4: 1894 Hobsonway E Blythe CA 92225 

  • Entity: HAH 1 LLC 
  • Space: 2,412 Sq Ft
  • Rent: $11,034.61
  • Real Estate Value: $1.2M 
  • 2024 Gross Revenues YTD: $497,519.53
  • Annual Commercial Retailer C10-0000070-LIC

2023 Gross Revenues: 

  • April: $262,417.73 
  • May:$232,583.80 
  • June:$213,873.25 
  • July:$189,798.16  
  • August: $169,065.45  
  • September:$159,298.89 
  • October:$166,650.99 
  • November: $188,368.07 
  • December: $198,912.56 

2024 Gross Revenues: 

  • January: $170,314.82 
  • February: $168,528.73 
  • March: $178,220.61 

 

Asking Price: All Offers must be submitted by May 17th … Also the Receivership is open to Carving out a few locations without having to bid on the entire Portfolio.

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

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

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: CALL FOR OFFERS MAY 17th
  • Business Type: Dispensary Retail w/ Delivery, High Times, Receivership Listings
  • Business Status: For Sale
  • Location: California
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