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

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: 3,200 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.