Fully Operational Cannabis Dispensary Retail & Delivery Business For Sale (Long Beach, CA) #467

  • $4,700,000
For Sale Med New Rec Turn Key

Fully Operational Cannabis Dispensary Retail & Delivery Business For Sale (Long Beach, CA) #467

  • $4,700,000

Business Description

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.

Details: 

  • Retail Space: 2,200 SqFt
  • Second Building: 4k SqFt
  • Rent Retail Space: $10,000.00/Month
  • Parking Spots: 40+
  • Option to Purchase the Real Estate in Addition to the Asking Price
  • MicroBusiness: Retail, Non-Storefront Retail, Manufacturing & Distribution

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, cannabis and cannabis products as part of a retail sale.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer
  • Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
  • Distribution- Distribution of cannabis and cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.
  • Cultivation

 

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.

 

Cannabis, Cannabis Retail, Cannabis Distribution, Distribution, Cannabis Manufacturing, Cannabis Broker, Cannabis Brokers

Business Details

  • Price: $4,700,000
  • Business Type: Cultivation, Dispensary Retail w/ Delivery, Distribution, Manufacturing Type 6 NON Volatile
  • Business Status: For Sale
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