High Revenue Cannabis Dispensary Business (Perris, California) #1333

Best Location in Riversise, right off the Freeway, Over 2.5M in Net Income

Great opportunity for a Southern California High Revenue Cannabis Retail located in Perris, CA. 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 sits on a high traffic, high visibility location near a major freeway off ramp. In 2023 the business the business generated $13M million dollars, with a YTD Net Revenue of $3M, 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.

2023 Gross Revenues: $13,579,490.16

2023 Net Income: $3M


Details Retail:

Parcel: 1.5 Acres
Building Space: 3,000 SqFt
Med Room: 1200 SqFt
Rent: $15,000/Month
Wholesale Inventory: $500k Included in Sale
Parking Spots: +100
Employees: 25 Employees (Business being run completely Autopilot)
1/3 of the Sales is their own flower being Cultivated from their Adelanto Facility
Owner has the ability to ADD Additional Signage visible from the Freeway
Owner of the Business is also the Landlord and is willing to sell the Real Estate in Addition to the Asking Price
Licenses:

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or 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, medical cannabis and medical cannabis products as part of a retail sale.
Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer


Asking Price $5.9M (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

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call (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.