Cannabis Approvals Call For Offers (San Francisco, CA)

CannaMLS ID: 12166
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Price: $0


Listing Details


Listing Category
Distribution
Dispensary
Consumption Lounge

License Status
Municipal / local license granted


Price: $0

Listing Status: For Sale

Flagship Dispensary Opportunity! Don’t miss this lucrative opportunity to acquire an approved dispensary, distribution, & consumption lounge (1 of 8 in San Francisco) in the dense residential & commercial area San Francisco, CA

The current owners have already begun the permitting licensing process for the local and state approvals. As well as having the final revisions of floor plans to build out the existing space. They have already have a modern approved look in the best neighborhood in San Francisco (Pop +800k). Located in Jackson Square which is the intersection of North Beach, FIDI and The Embarcadero. It’s the SOHO of San Francisco. The unique focal point of this area it comprises of high density  residential and commercial tenants just blocks away from embarcadero, the surrounding area is a popular tourist attraction. Amazing lease term with significantly below market rate for years to come The new owners are in a position to add their personal design touches to the buildout.

Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

 

Details:

Space: 25,000 Sq Ft

Rent: $32,000/Month Includes NNN

Lease Terms: 10 YR, (2) 5 YR Options

Retail Build Out Cost: est. $400k

Consumption Lounge Build Out: est. $150k

 

Licenses:

Consumption Lounge: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a marijuana 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.

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, medical cannabis and medical cannabis products as part of a retail sale.

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: Call For 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

Elliot Cardenas, DRE LIC CA #02138336

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions call Elliot (619) 770-2699 or Eric at (858) 245-6324

Email: elliot@glbgroupinc.com or broker@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.


Listing Details

Listing Status
For Sale

Location
California 94016

Date Listed For Sale:
3/5/2024

Date Last Updated:
4/29/2024

Property Details

Pricing Details

Listing Price
$0

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