Listing ID : 559967
Posted on May 22, 2023 345
$70,000 Down payment and $70,000 can be owner financed!!!
62% Equity being Sold on this deal 38% is owned by the social equity applicant
One of the only delivery services for sale where the social equity applicant by law can own that minimal amount of equity most other delivery licenses a social equity applicant must hold minimum 51% equity.
Another Great Opportunity for someone looking to get in the Cannabis Industry. Everything is current and up to date from taxes to annual licensing fees. Ready to operate today!!!
The BEST opportunity to acquire a Delivery business in the strategic city of Los Angeles, California. The licenses is held in a great location with easy freeway and highway access. The current owner has state level approvals, with a Provisional license in hand from the Department of Cannabis Control, representing a greater value!
Owner has a Lease that will be up in March of 2024 and has an option to extend for 5 years with a monthly rent of only $3,625/month.
The property is fully built out and commercially zoned. If you have a large scale delivery business in CA and need a hub in the Cannabis Industry Mecca, this is an excellent addition to your portfolio! Even though the license is issued in Los Angeles, it is not limited to delivery within the county. These state-licensed “non-storefront” delivery services can serve the entire state of California! The ease of home delivery provides the convenience that many consumers and patients value while also providing the benefit of high-quality cannabis products. Cannabis delivery businesses play an important role in the state and have now been designated as a necessary business, creating a high demand for more.
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.
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