Rare opportunity to acquire a retail and consumption lounge in Eureka, CA. This business is
located in a prime location in downtown Eureka. The final documentation has been submitted
to the City of Eureka to obtain their local business permit, at which point, full local approval will
be authorized. There’s only an estimated 60 days until the City of Eureka finishes reviewing and
approving the business permit. The new owner will have to continue the State licensing process
in order to become operational. This is a unique opportunity for someone looking to expand
their footprint in Humboldt County; lounges are a rare commodity throughout the State.
Details:
- Space: Retail & Lounge 9,162 sq/ft
- Lease: $1.75 sq/ft
- Option to purchase property at $850,000
- Building is also zoned for Distribution. New owner would have to complete local and state application process
- Ample street parking and public parking lots in the immediate area
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.
- On-Site Consumption: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a cannabis lounge. The move gives visitors a place to smoke or eat edibles, since many hotels and rental properties don’t allow for smoking. Similar to alcohol, cannabis can’t be consumed in public places.
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
Asking Price $599,000 (Seller open to offers and 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
Jeff Taylor, DRE LIC CA# 02121244
If you have any questions Call Jeff at (619) 218-6575
Or Email : jeff@glbgroupinc.com