Operational Cannabis Dispensary & Delivery Business For Sale Includes Real Estate (Long Beach, CA) #518

  • $5,500,000
For Sale Med New Popular RE Included Rec Turn Key

Operational Cannabis Dispensary & Delivery Business For Sale Includes Real Estate (Long Beach, CA) #518

  • $5,500,000

Business Description

Amazing opportunity for a Fully Licensed and Operational Cannabis Dispensary & Delivery business located in Long Beach, CA (population of +460K)! The Real Estate is also included in the Asking Price. The business is on pace to do $2.4M in Gross Revenues for 2021. Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing and  8% of Gross Receipts for Retail.

Details: 

  • Space: 3,720 SqFt
  • Lot Size: 0.19
  • On Pace to do $2.4M in Gross Revenues for 2021
  • Licensed for Retail & Delivery
  • Use: Recreational & Medicinal
  • Real Estate is Included in Asking Price (Valued at $1.5M)

Licenses: 

  • Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, cannabis and cannabis products as part of a retail sale.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

 

Asking Price: $5,500,000.00 (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.

Business Details

  • Price: $5,500,000
  • Business Type: Dispensary Retail w/ Delivery
  • 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