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Fully Operational Cannabis Retail, Delivery, Manufacturing & Distribution Business For Sale (North Hollywood, California)

North Hollywood, Los Angeles, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 665537

Posted on January 22, 2024 View Count 171

Price For Sale:
$3,300,000
Current Cannabis Business License:
Yes
Rent:
$15,000
Size:
3,000 Sq. Ft.
Facility & Tenant Improvements:
Space: 3k SqFt (Retail-1500 SqFt, Other Uses 1500 SqFt) Rent: $15k Lease: 15YR 2021 Gross Revenue: $6.1M 2022 Projected Gross Revenue: $4.5M 2022 EBITDA: $1M
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

Amazing opportunity for a Cannabis Business that includes Retail, Delivery, Cultivation, Manufacturing & Distribution in the North Hollywood area! North Hollywood is a neighborhood of Los Angeles, located in the San Fernando Valley. The neighborhood contains the NoHo Arts District, the El Portal Theatre, several art galleries, and the Academy of TV Arts and Sciences. The business is on pace to do $4.5M in Gross Revenues for 2022 with an EBITDA of $1M. This fully permitted and licensed retail license includes the ability and capability to deliver cannabis products directly to consumers throughout Los Angeles and Southern California markets via the delivery service.

Details: 

Space: 3k SqFt (Retail-1500 SqFt, Other Uses 1500 SqFt)
Rent: $15k
Lease: 15YR
2021 Gross Revenue: $6.1M
2022 Projected Gross Revenue: $4.5M
2022 EBITDA: $1M
2023 Gross Revenues: $4.4M

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.
Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Cultivation: Growing Cannabis
Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products). 

Asking Price: $3,300,000.00 (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

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

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

Cultivation and Production Licensed Facility in Parhrump NV

Pahrump, NV, USA

Commercial/Other For Sale

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Green Life Business Group Inc.
License:DRE CA # 02061374

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