Amazing opportunity with great visibility from the freeway for a Fully Operational Cannabis Dispensary & Delivery business, located in Long Beach, CA. The grand opening was on February 2021. The city alone has a population of +460k residents! If you are looking to expand your retail footprint and enter one of the most desired markets in SoCal this is the opportunity for you. Long Beach is approximately 20 miles south of downtown Los Angeles, and is part of the Gateway Cities region. The Port of Long Beach is the second busiest container port in the United States and is among the world’s largest shipping ports. The dispensary offers an innovative and inviting experience unlike any other surrounding shops, that gives customers a warm and welcoming feeling.
There is a second building (4k SqFt) on the property that could potentially be leased out, which is zoned for Distribution, Manufacturing and Cultivation! Seller is open to potential offers.
Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing and 8% of Gross Receipts for Retail.
Asking Price: $4.7M (Seller Financing Available w/ 50% DOWN)
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
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.