High Times Cannabis Operational Distribution, Manufacturing Type 7 & Delivery Business For Sale By Receivership Lynwood CALL FOR OFFERS MAY 17th (Los Angeles County) #1372

  • CALL FOR OFFERS MAY 17th
For Sale Med New Popular Rec Turn Key
High Times Cannabis Operational Distribution, Manufacturing Type 7 & Delivery Business For Sale By Receivership Lynwood CALL FOR OFFERS MAY 17th (Los Angeles County) #1372
  • CALL FOR OFFERS MAY 17th

Business Description

This is being sold by way of court ordered receivership and is subject to court confirmation.

All assets sold from the Receivership Estate are done so free and clear of all liens. This includes all City and State Taxes. 

Great opportunity to acquire a Distribution, Manufacturing Type 7, and Delivery business in Los Angeles, California. This unique opportunity comes through a court-ordered receivership, making it an exceptional find. Currently operational,  the sale would include the business, licenses, and the assets associated. As the market continues to consolidate in 2024, there has been a spike in demand for cannabis businesses and licenses all across the state of California. 

Details: 

  • Address: 2990 Martin Luther King Jr Blvd Lynwood CA 90262
  • DBA: Pure CA LLC 
  • Space: 9,000 Sq Ft
  • Rent: $24,975.00 

Licenses: 

  • Annual Commercial Distributor C11-0000292-LIC
  • Annual Commercial Retailer Non Storefront C9-0000072-LIC
  • Annual Manufacturer Type 7 CDPH-10001194

2023 Gross Revenues: 

  • May: $399,946.20
  • June: $308,290.69
  • July: $228,628.45
  • August: $334,258.42
  • September: $141,273.34
  • October: $123,820.00
  • November: $285,649.14
  • December: $146,564.50

2024 Gross Revenues: 

  • January: $247,100.34
  • February: $67,115.26
  • March: $56,498.62
  • April: $96,485.00

 

Asking Price: Please Submit your offers before May 17th 

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

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: CALL FOR OFFERS MAY 17th
  • Business Type: Delivery Retail Only, Distribution, High Times, Manufacturing Type 7 Volatile, Receivership Listings, Seller Financing Available
  • Business Status: For Sale
  • Location: California
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