Great opportunity for a Southern California Fully Vertically Integrated Cannabis Retail and Cultivation Empire. This business meets multiple crucial checkmarks from an absentee ownership structure, extraordinary sales increases year over year and most importantly still has room to scale! The Retail store is located in Perris, Ca and the Cultivation facility is located in Adelanto, CA.
The Retail sits on a high traffic, high visibility location near a major freeway off ramp. The business is on pace to almost hit $22.5 million dollars in gross revenues for 2022, with a YTD Net Revenue of $3.64M, from the Retail alone! All while the business is completely run on Autopilot with a tenured sales team and with 4 managers in place, it’s owner absentee. There are 25+ employees who are orchestrated by an experienced highly effective cohesive management team that is expected to remain with the company after an acquisition. Currently the owner is not doing Delivery sales out of the Retail location but has the license in hand, representing a greater value. There is also an option to purchase the property for an additional price on top of the asking price of the business.
The Cultivation sits on a parcel of 6 Acres in Adelanto, CA. There are 2 Buildings on the property, Building #1 is 20k SqFt and Operating with 340 Lights, Building #2 is 32k SqFt Non-Operational and could fit over 340 Lights. 1/3 of the Sales from the Retail comes from their own flower out of Building #1. The grow currently does about 3,000lbs a Year out of the 20k SqFt facility, the owner put in over $5M in Fixtures and Equipment. There is also a Distribution license on the property that is included in the sale. The property can also be purchased for an additional price on top of the asking price of the business.
Adelanto Cultivation Facility-
Asking Price $14.5M (Seller Financing Available)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE LIC CA# 02091143
If you have any questions Call Drew at (619) 653-0483
Or Email : email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.