7 California Cannabis Dispensaries – Auction April 1

Asking Price: $420,420

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7 California Cannabis Dispensaries – Auction April 1


Asking Price: $420,420

Asset Sale Description
Element 7 Dispensary Portfolio – Receivership Auction
Opportunity to acquire the Element 7 California 7-Store Dispensary Portfolio, featuring licensed cannabis retail locations in San Francisco (Laurel Village), Willits, Cathedral City, Mendota, Port Hueneme, Redwood City, and Chula Vista. This multi-location portfolio includes operational and non-operational dispensaries with experienced staff, established customer bases, and prime retail spaces (892–6,600 sq. ft.), generating over $4M in annual revenue across all locations. Leases are favorable, with competitive rental rates and renewal options, and the total infrastructure represents millions in capital investment.

The portfolio will be sold via out-of-court auction on Wednesday, April 1, 2026, at 2:00 p.m. by Court-appointed Receiver Kevin Singer, free and clear of liens.

The opening bid will be $1,000,000, with bidding increments of $100,000 thereafter until a winner is determined.

Prequalification to bid (by March 31, 2026, 5:00 p.m.) requires:

Signed Auction Rules
$100,000 deposit via wire/ACH or cashier’s check to Receivership Specialists
Proof of funds equal to or greater than your bid
Evidence of qualification to operate the business

Copies of the auction rules, purchase agreement, and other sale documents are available at:https://bit.ly/E7Sales

Details:

Store #1 – Element 7 SF 1 – Address: 3415 California St, San Francisco, CA 94118

Revenue’s:

2024: $634,467
YTD August 2025: $275,650
Total Space: 2,020 Sq Ft
Rent: $8,500/Month
Lease: TBD


Store #2 – Element 7 Willits – Address: Browns Corner, 1795 S Main St, Willits, CA 95490

Revenue’s:

2024: $418,634
YTD August 2025: $207,099
Total Space: 2,016 Sq Ft
Rent: $3,500/Month
Lease: TBD


Store #3 – Element 7 Cathedral City Inc – Address: 68945 Vista Chino ste c, Cathedral City, CA 92234

Revenue’s:

2024: $260,197
YTD August 2025: $159,157
Total Space: 1,050 Sq Ft
Rent: $3,500/Month
Lease: TBD
Store #4 – Element 7 Mendota LLC – Address: 796 Oller St, Mendota, CA 93640

Revenue’s:

2024: $479,612
YTD August 2025: $230,324
Total Space: 2,464 Sq Ft
Rent: $4,674/Month
Lease: TBD


Store #5 – PH Investments Group, LLC – Address: 455 W Channel Islands Blvd, Port Hueneme, CA 93041

Revenue’s:

2024: $955,484
YTD August 2025: $379,207
Total Space: 1,036 Sq Ft
Rent: $2,906.15/Month
Lease: TBD


Store #6 – Element 7 Redwood City LLC- Address: 615 Woodside Rd, Redwood City, CA 94061

Total Space: 892 Sq Ft
Rent: $9,625/Month


Store #7 – Element 7 Chula Vista One, LLC – Address: 1208 Broadway Unit 101, Chula Vista, CA 91911

Revenue’s:

2024: $1,909,275
YTD August 2025: $645,331
Total Space: 6,600 Sq Ft
Rent: $47,195.12 Per Lease/ $29,586.41 Per Controller
Lease: TBD

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


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
3

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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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