Unique opportunity to acquire an Operational Cannabis Retail & Delivery Business in San Diego County, (Pop. +3.2M). The business is in a great location, right off the freeway!!! The business sits on a 7,375 SqFt facility that has local and state approvals from the city of San Diego. The business is only utilizing the Retail component, meaning the new owner could take advantage of opening and scaling the Delivery aspect.Due to its PRIME location and well-known brand, the company has developed a significant fanbase. Licenses are approved and the facility is fully built out, the owner has put in $1M+ into the buildout, representing a greater value! This is a great opportunity for someone who is looking to expand their footprint in the San Diego County Cannabis Market, while also taking advantage of the very nearby major markets, a multi-state operator looking to target a clean canvas or someone who is looking to enter the industry.
California recently announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program will sunset June 30, 2022 with the first deadline being March, 31st, 2022. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business.
Asking Price: $9,900,000.00
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 opportunity.