Fully Operational Cannabis Dispensary Retail Business For Sale Near West Hollywood (Los Angeles, California) #1667

This newly opened, fully operational licensed dispensary in Los Angeles on the border of West Hollywood is now for sale! This business is fully licensed at the city and state level, and was established just 3 months ago, already averaging $85k/Month while being ran full absentee! The dispensary boasts a 3,700 SqFt that took the owner the better part of a year to build out and get fully licensed, with a total capital investment of $1.4M to get it completed. The rent is $30,000 per month, and the lease includes 5 years with three 5-year options, providing long-term security for any prospective buyer.

The dispensary is near the West Hollywood, Beverly Hills area and is complemented by a neighboring business, which closes daily at 4pm, ensuring plenty of evening parking for customers. The dispensary is fully staffed with 9 employees, all of whom are willing to stay on with the new owner, ensuring continuity and smooth operations. Since opening a few months ago, the dispensary has made a strong start, already building a database of 3,730 customers. With a prime location, a strong customer base, and a solid team in place, this dispensary is poised for growth in the rapidly expanding Los Angeles cannabis market.

Don’t miss out on this opportunity to acquire a thriving dispensary in one of the most desirable areas in California Cannabis industry.

Details:

Space: 3,700 Sq Ft
Rent: $30,000/Month
Lease Term: 5 YRS W/ (3 ) 5 YR Options
Assigned Parking Spaces: 12
POS: Treez
Number of Employees: 9
Number of Customers/Patients in Database: 3,730
Avg Monthly Gross Revenues: $85k/Month
License:

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.
 

Asking Price: $850,000.00 (Seller Open To Offers)

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.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions call Eric at (858) 245-6324

Email: broker@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.