2 Dispensary Portfolio For Sale Includes Perris 13.5M Top Line Revenue & Costa Mesa With REAL ESTATE (Perris & Costa Mesa, CA) #1409

  • $10,800,000
Featured For Sale Med New Popular Rec Turn Key
2 Dispensary Portfolio For Sale Includes Perris 13.5M Top Line Revenue & Costa Mesa With REAL ESTATE (Perris & Costa Mesa, CA) #1409
  • $10,800,000

Business Description

Presenting an exceptional opportunity to acquire a premium cannabis dispensary portfolio featuring one turnkey dispensary in Perris, CA, alongside a coveted dispensary license and the real estate for a new dispensary in Costa Mesa, CA. This deal offers a rare combination of immediate revenue generation and strategic market entry in two prime Southern California locations.

Perris, CA Location:

Revenues: 

  • 2023 Gross Revenues: $13,579,490.16
  • 2023 Net Income: $3M

Details: 

  • Parcel: 1.5 Acres
  • Building Space: 3,000 SqFt
  • Med Room: 1200 SqFt
  • Rent: $15,000/Month
  • Wholesale Inventory: $500k Included in Sale
  • Parking Spots: +100
  • Employees: 25 Employees (Business being run completely Autopilot)
  • 1/3 of the Sales is their own flower being Cultivated from their Adelanto Facility
  • Owner has the ability to ADD Additional Signage visible from the Freeway
  • Owner of the Business is also the Landlord and is willing to sell the Real Estate in Addition to the Asking Price

This high-revenue cannabis retail business in Perris, CA, represents an outstanding investment. With 2023 revenues reaching $13M and a net income of $3M, this dispensary demonstrates impressive sales growth year over year. Located in a high-traffic, high-visibility area near a major freeway off-ramp, it is perfectly positioned for ongoing success. The business operates on an absentee ownership model, efficiently managed by a seasoned team of 25+ employees, including 4 managers. There is significant untapped potential for delivery sales, adding extra value. Additionally, there is an option to purchase the property, further enhancing the investment appeal.

Costa Mesa, CA Location:
This unique offering includes an annual dispensary license and the associated real estate in prime Costa Mesa, CA, valued at $6.5 million. Although the facility is not yet built, construction is set to commence in May. The seller is open to assisting with the build-out for an additional fee, providing a seamless transition for the new owner. This presents an ideal opportunity to expand your cannabis portfolio, benefiting from a blank canvas with no existing tax liabilities. Expand your cannabis business with this exceptional portfolio, combining the immediate revenue potential of the Perris dispensary with the strategic market entry afforded by the Costa Mesa license and property. Act swiftly to capitalize on this rare and lucrative opportunity!

Seller Is Open to Selling the Costa Mesa License Without the RE for $1.5M & Complete the Build Out! Lease terms to be determined.  Details: 

  • Space: 3,578 SqFt
  • Needs to Be Built Out
  • Not Operational
  • Seller Open to Helping New Buyer Complete Build Out at Additional Cost
  • Real Estate Value: $6.5M
  • Owner is Essentially Included Dispensary Retail License For FREE!!!

 

Licenses: 

  • Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or 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.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer

 

Asking Price $10.8M  (Seller Financing Available) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. 

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: $10,800,000
  • Business Type: Dispensary Retail w/ Delivery, Real Estate Property, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Gross Revenue: $13,579,490
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