Great opportunity to acquire a fully operational Retail Storefront in San Jose, CA (Population 1M+). The business is fully operational and licensed both at the local and state level, and is on pace to do $3M in Gross Revenue for 2022. This business is located in the beautiful city of San Jose, which happens to be a major city in California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area.
This significant opportunity also has the capability to expand current retail sales volumes by implementing the delivery component and launching a second retail store in San Jose (Existing license holders have preferential local permitting) where the population is booming at over 1 million people and growing. Making this a perfect opportunity for someone who is looking to expand operations and target major markets to establish a larger retail & delivery footprint or someone who is looking to enter the industry.
California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.
Licenses: (2) Retail & Delivery:
Asking Price: $6.25M (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
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email : email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.