In the end, the valuation goes above and beyond just gross sales, there are huge factors such as, EBITDA, how attractive the lease is (assuming the real estate isn’t included in the sale, which most aren’t), how many licenses were issued in that city or county along with the population, how engaged and committed the owner/operator is to the business, and other key factors. Here at Green Life Business Group Inc, we're leading our industry with selling more cannabis businesses than any other company in California. We have over 90 exclusive California business listings for sale today. and have built a proprietary software that evaluates these businesses that incorporates market change on a quarterly basis, which is how often market valuations are changing.
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CRM: Lastly, where can you get more information on the opportunities for sale on the market today?
AM: If you go to www.greenlifebusiness.com and click the tab that says businesses for sale, you will see approximately 65% of our listings on the website and we have approximately 35% of our inventory as pocket listings that are typically $20M+ opportunities. All of our inventory on the website is updated every 48 hours. We have several agents that can handle inquiries or questions and explain the process of how to get more information on any of our listings. If you wish to contact us directly you can email us at [email protected] . Once stay-at-home orders have been lifted by both the City of San Diego and the State of California, while taking all the proper precautions regarding COVID-19, we're happy to schedule physical meetings and go more in depth with these opportunities at our office, which is located in San Diego, California.