Green Life Business Group, Inc. Outlines The Sales Offer For Harborside Sale If You Have A Few Greens Lying Around – Deadline 15 January 2025

Hat tip to Weed Week for bringing this to our attention

Those rent numbers are scary compared to what’s currently coming in at the dispensaries.

 

Green Life Business Group, Inc.
CA DRE# 02061374
[email protected]
619-653-0483
120M+ Annual Sales StateHouse Holdings For Sale By Way of Receivership Brands: Harborside, Urbn Leaf, Loudpack, Fuzzies + More
CALL FOR OFFERS JAN 15TH (California)
CALL FOR OFFERS BY JAN 15TH
This is being sold by way of court ordered receivership and is subject to court confirmation.

All assets sold from the Receivership Estate are done so free and clear of all liens. 

This includes all City and State Taxes. 

The preferred sale of this Portfolio is a Global offer for all of the assets, however the Receivership will entertain offers for the individual assets as well. This is your chance to submit offers on individual assets.
Brands: – These brands are in over 900 Stores across the State of California.

  • Harborside
  • Harborside Farms
  • Urbn Leaf (Sold Exclusively Through Statehouse Retail)
  • Loudpack
  • Fuzzies
  • Kingpen
  • Kingroll
  • Dime Bag

 

Plant Touching Licenses: 

  • Dispensary Retailer- 11 Small Mixed Light Tier 2- 15
  • Distributor- 5
  • Nursery- 2
  • Processor- 2
  • Event Organizer- 1
  • MicroBusiness- 1 (With Retailer)
  • Manufacturing Type 7- 1

 

Brands, Licenses, Locations: 

Dispensary #1 Urbn Leaf, Retailer: 658 E San Ysidro Blvd, San Diego, CA 92173

  • 2024 Actual Sales 4,330,877 from Jan 1- August 8-31, On Pace to do $6,496,315 for 2024
  • They Own the Property

Dispensary #2 Urbn Leaf, Retailer, Distributor: 1028 Buenos Ave, San Diego, CA 92110

  • 2024 Actual Sales $8,562,944 from Jan 1-Aug 31, On Pace to do $12,844,416
  • $20,102.00 is the Rent for The Dispensary
  • $30,000.00 is the Rent for the Distribution

Dispensary #3 Urbn Leaf, Retailer: 7339 El Cajon Blvd, Suite C, La Mesa, CA 91942

  • 2024 Actual Sales $1,950,812 from Jan 1-Aug 31, on Pace to do $2,926,218
  • $25,990 is the Rent for the Dispensary and 4 additional Suite Offices

Dispensary #4 Urbn Leaf, Retailer: 909 W Vista Way, Vista, CA 92083

  • 2024 Actual Sales $7,599,150 from Jan 1-Aug 31, on Pace to do $11,398,725
  • They Own the Property

Dispensary #5 Harborside, Retailer, Distributor: 1365 N 10th St., San Jose, CA (Each San Jose Store has a +1 Retail License)

  • 2024 Actual Sales $5,751,956 from Jan 1-Aug 31, On Pace to do $8,627,934
  • Rent is $49,785.29

Dispensary # 6 Urbn Leaf, Microbusiness License: 2943 Daylight Way, San Jose, CA 95111 (Each San Jose Store has a +1 Retail License)

  • 2024 Actual Sales $2,383,431 from Jan 1-Aug 31, On Pace to do $3,575,146
  • Rent is $54,050.00

Dispensary #7 Urbn Leaf, Retailer: 8477 W Sunset Blvd, West Hollywood, CA, 90069

  • 2024 Actual Sales $1,606,917 from Jan 1-Aug 31, On Pace to do $2,410,375
  • Rent is $65,000.00

Dispensary #8 Urbn Leaf, Retailer: 239 S 3rd St, Grover Beach, CA 93433

  • 2024 Actual Sales $5,378,782 from Jan 1-Aug 31, On Pace to do $8,068,173
  • Rent is $25,000.00

Dispensary #9 Harborside, Retailer: 1965 Marina Blvd. Unit C, San Leandro, CA

  • 2024 Actual Sales $3,253,110 from Jan 1-Aug 31, On Pace to do $4,879,665
  • Rent is $41,525

Dispensary #10 Harborside, Retailer: 768 Stanyan St, San Francisco, CA

  • 2024 Actual Sales $2,683,307 from Jan 1-Aug 31, On Pace to do $4,024,960
  • Rent $7,725

Dispensary #11 Harborside, Retailer, Event Organizer License Distributor: 1840 Embarcadero, Oakland, CA

  • 2024 Actual Sales $8,161,339 from Jan 1-Aug 31, On Pace to do $12,242,008
  • Rent is $47,026

Dispensary #12 Harborside, Retailer: 66205 Paul Road, Desert Hot Springs, CA

  • They Own the Property
  • Not in Operation

All the Retail Dispensaries Combined Revenue is $51,662,625 from Jan 1-Aug 31, On Pace to do $77,493,937 for 2024

Cultivation Properties/Assets included-

  • Harborside Farms, (15) Small Mixed Light Tier 2, Nursery, Processor, Distributor:26889 Encinal Road, Salinas, CA
  • Loudpack Manufacturing Type 7, Distributor, Nursery, Processor: 900 Cherry Ave., Greenfield, CA 93927
To obtain a full list of ASSETS call or email Drew (619) 653-0483, [email protected]
Asking Price: Call For Offers Jan 15th, 2025

Creditor/Seller Financing is Available for the Whole Portfolio

Primary Sponsor


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