Turn-Key Cannabis Dispensary, Delivery, Manufacturing & Distribution Business For Sale (Long Beach)

CannaMLS ID: 4825
Save Listing

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Has Buy-in Option:
No

Amazing opportunity for a Fully-Turn Key Cannabis Dispensary, Delivery, Manufacturing & Distribution business, located in Long Beach, CA (population of +460K)! If you are looking to expand your retail footprint and enter one of the most desired markets in SoCal this is the opportunity for you. Long Beach is approximately 20 miles south of downtown Los Angeles, and is part of the Gateway Cities region. The Port of Long Beach is the second busiest container port in the United States and is among the world’s largest shipping ports. The dispensary offers an innovative and inviting experience unlike any other surrounding shops, that gives customers a warm and welcoming feeling. The business did $3.1M in Gross Revenues for 2020, all proper licensing is in place making this a fully turn key, high revenue producing business.

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: 3,741 SqFt (Retail-1,834 SqFt, Manufacturing/Distribution-1,907 SqFt)

Rent: $17,750/Month

Long Term Lease in Place

Wholesale Inventory: $125k

Parking Spots: 25+

2020 Gross Revenues: $3.1M

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

Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).

Distribution- Distribution of cannabis and cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.

Asking Price: $5,290,000.00 

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

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

Price: $5,290,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Long Beach, California 90712


Listing Type

  • Manufacturing
  • Distribution
  • Dispensary
  • Home Delivery



Try Alta - Cannabis Loans

[Try Alta CLICK HERE]

 

 

 

 

 

 

 

 

 

 

 

Hit the "Contact Seller" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannamls.com

 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company’s website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CannaMLS Inc. and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.