Fully Operational Cannabis Dispensary Retail Business For Sale Includes Real Estate (Long Beach, California) #1184

  • $4,250,000

Business Description

Great opportunity for a fully operational cannabis Dispensary business located in Long Beach, CA (Population 450k)! The business is located off a major highway exit, with great visibility.  In 2022 the business generated $2.5M in gross revenue, and is on pace to do over $2.6M in 2023. Staying constant despite market conditions. The new owner could benefit from a customer database that has been meticulously built over the years, providing access to valuable insights and loyal clientele demographics. The Real Estate is included in the Asking Price, representing a greater value! 

The dispensary is positioned for success in a prime location with high foot traffic. With the cannabis industry booming, this is an exceptional opportunity to capitalize on a turnkey operation with significant growth potential. Don’t miss out on the chance to become a leader in the Long Beach cannabis community, and turn this business into your dream venture.

 Details: 

  • Space: 4,000 SqFt 
  • Lot Size: 8k SqFt (Building +Parking) 
  • Parking Spaces: 8, (1) Handicap, Plus Plenty of Street Parking
  • 2022 Revenues: $2,596,991.28
  • 2023 YTD Revenues: $2,582,451.95
  • No Debts! 
  • Real Estate Included in Asking Price!!!

License:

  • 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: $4.25M (Seller Open to Offers)

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 (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: $4,250,000
  • Business Type: Dispensary Retail w/ Delivery, Real Estate Property, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Down Payment Required: $2,000,000
  • Gross Revenue: $2,582,451
  • Capital Invested: $2,500,000
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