Element 7 Stores Dispensary Portfolio For Sale By Way of Receivership

Asking Price: $1,000,000

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Element 7 Stores Dispensary Portfolio For Sale By Way of Receivership


Asking Price: $1,000,000

Asset Sale Description
CANNABIS DISPENSARY PORTFOLIO FOR SALE – 7 LOCATIONS + REAL ESTATE OPPORTUNITIES | LONG BEACH, CA AREA

AUCTION DATE: Wednesday, April 1, 2026 @ 2:00 PM PST OPENING BID: $1,000,000 (increments of $100,000) RECEIVER: Court-appointed Kevin Singer (Out-of-Court Auction) SALE TERMS: Free and clear of all liens

PORTFOLIO OVERVIEW: Acquire the Element 7 California 7-Store Dispensary Portfolio across strategic California markets: San Francisco (Laurel Village), Willits, Cathedral City, Mendota, Port Hueneme, Redwood City, and Chula Vista. Combined annual revenues exceed $4M. Properties range from 892–6,600 sq ft with competitive lease terms.

STORE BREAKDOWN:

Store #1 – San Francisco (Operational) Address: 3415 California St, SF 94118 | 2,016 sq ft | Rent: $3,500/mo 2025 Revenue: $384,860 | Turnkey & Running

Store #2 – Willits Address: 1795 S Main St, Willits 95490 | 2,016 sq ft | Rent: $3,500/mo 2024: $418,634 | 2025: $279,291

Store #3 – Cathedral City (Operational) Address: 68945 Vista Chino Ste C, Cathedral City 92234 | 1,050 sq ft | Rent: $3,500/mo 2025: $170,329 | Turnkey & Running

Store #4 – Mendota (Recently Reopened) Address: 796 Oller St, Mendota 93640 | 2,464 sq ft | Rent: $4,674/mo

Store #5 – Port Hueneme (Operational) Address: 455 W Channel Islands Blvd, Port Hueneme 93041 | 1,036 sq ft | Rent: $2,906.15/mo Turnkey & Running

Store #6 – Redwood City (FF&E Only) Address: 615 Woodside Rd, Redwood City 94061 Note: No local license; DCC license surrendered. Selling FF&E only.

Store #7 – Chula Vista (License Pending) Address: 1208 Broadway Unit 101, Chula Vista 91911 Note: State license expires ~May 18, 2026. Local permit denied June 2025. Judicial review petition filed (San Diego Co. Superior Court Case No. 25CU049457C).

PREQUALIFICATION REQUIREMENTS (Due March 31, 2026 @ 5:00 PM):

Signed auction rules
$100,000 deposit (wire/ACH or cashier's check to Receivership Specialists)
Proof of funds >= maximum bid amount
Evidence of qualified operator status pending license transfer

ADDITIONAL DETAILS:


Full sale documents: https://bit.ly/E7Sales

INVESTMENT HIGHLIGHTS:

Multi-location retail network in California's regulated cannabis market
Existing customer bases & experienced staff at operational locations
Millions in capital infrastructure already invested
Scalable portfolio with immediate operational potential
California remains one of the world's largest cannabis markets

AUCTION SALE on APRIL 1, 2026 AT 2PM

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.
Listing Info
ID
2475156
Listing Views
97

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Business Listed by: Eric Espinoza GLB GROUP Inc.

Listing ID: 2475156 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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