Best Location in OC Highly Profitable On Pace to do 7.1M in Net Income (2023) Cannabis Dispensary Auction Sale (Santa Ana, California) #1177

Positioned as one of the best dispensary locations in all of Santa Ana, Blüm (Formally People’s) enjoys excellent visibility along Hwy 55, guaranteeing a steady flow of foot traffic and maximum exposure. With over 262,000 vehicles per day on the highway. With a total of 7,600 SqFt and a spacious 5,000+ SqFt selling space, you’ll have ample space to cater to the growing demand from eager customers. Unlock the opportunity of a lifetime with this exceptional cannabis dispensary, strategically located in the heart of Santa Ana, CA.

Call for Offers is February 15th, but you can place your offer before in order to take it off the Market.

Revenues: 

• 2023 Gross Revenues Jan-September: $16M (On Pace to do $21.4M)
• 2023 Net Income Jan-September: $5.3M, on Pace to do 7.1M 
• Averaging 925 People per Day for this year

Details: 

• Space: 7,600 SqFt total space / 5,000 SqFt selling space
• Rent: $43,8872.18 through March 31, 2024 and $46,065.80 starting April 1, 2024
• Lease Term: Expires March 31, 2025; Option to extend
• # of Assigned Parking Spots: 20+
• Freeway Visible, Freeway billboard gets approximately 4.2M impressions per month

Licenses: 

• 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.

Asking Price: Call for Offers – February 15th, 2024

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 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.