Massive Cannabis Retailer & Delivery Chain For Sale LA, OC & SD County #515

  • $80,000,000
For Sale Med New Popular Rec Turn Key

Massive Cannabis Retailer & Delivery Chain For Sale LA, OC & SD County #515

  • $80,000,000

Business Description

This is a massive opportunity for a unique, established retail & delivery focused business that is on auto-pilot. This business is in multiple trade areas Los Angeles, Orange & San Diego County, each with a Population of over 3 Million. The owner has four retail dispensaries, one in Santa Ana, two in San Diego County and a fourth in Los Angeles County. The Santa Ana and 1 of the SD County locations recently underwent almost $1M in upgrades and renovations, making the shops a destination location for many. The owner approves new projects, attends higher level organizational needs with their management team. They have a team of Managers and employees totaling 240, that are empowered to solve problems real-time, in accordance with company policy within the team culture. The owner is not involved in day-to-day project decisions or operations, everything is run on autopilot.  

Total projected revenues for 2021 YTD are $50M+ from the 4 Retail stores and the deliveries. This portfolio of retail & delivery chains will be a great acquisition for any MSO or Publicly traded company looking to expand their retail footprint in major markets in Southern California! With their large brand presence, using a data-driven approach and having strategic locations across SoCal they are able to have fast delivery times, and are outperforming the competition in the cannabis recession-resilient industry. All Retail & Delivery facilities are leased, the Business is being sold without any real estate assets.

Encino: 

  • Space: 2,700 SqFt
  • Rent: $8,000/month
  • Long Term Lease In Place
  • 2021 YTD Gross Revenues: +$5M
  • Point of Sale System: Indica Online
  • Freshly Repaved Private Parking: 5 spaces
  • Licenses: Retail & Delivery

Santa Ana: 

  • Total Space: 10,000 sqft
  • Rent: $2.75/sqft
  • Lease Term: 5 YR w/ (2) 5 YR Option
  • 2021 YTD Gross Revenues: +$4M
  • Point of Sale System: Indica Online
  • Licenses: Retail & Delivery

San Diego County Shop #1: 

  • Space: 8,000 SqFt
  • Rent: $17K/Month 
  • Lease: 3 YR w/ 5 YR Option
  • 2021 YTD Gross Revenues: $6M+
  • Point of Sale System: Indica Online
  • Licenses: Retail & Delivery

San Diego County Shop #2: 

  • Space: 5,200 SqFt (3,200 SqFT Retail & 2,000 SqFt Offices) 
  • Long Term Lease In Place
  • 2021 YTD Gross Revenues: +$13M
  • Point of Sale System: Indica Online
  • Licenses: Retail & Delivery

Asking Price: $80,000,000.00 (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: eespinoza@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Cannabis Dispensary, Cannabis Retail, Marijuana Shop, Distribution, Cannabis Manufacturing, Cannabis Extraction, Marijuana Distribution, Marijuana Brokers, Cannabis Broker, Marijuana Real Estate Brokerage

Business Details

  • Price: $80,000,000
  • Business Type: Dispensary Retail w/ Delivery, Retail, Seller Financing
  • 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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Eric Espinoza, MD
  • Eric Espinoza, MD