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Fully Operational PRIME PRIME Location Dispensary & Delivery Business For Sale (West Hollywood, California)

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

Listing ID : 657802

Posted on January 4, 2024 View Count 215

Price For Sale:
$1,500,000
Rent:
$21,500
Facility & Tenant Improvements:
Space: 2,925 SqFt Rent: $21,500/Month Lease Terms: Long Term Lease In Place 15 Parking Spots Employees: 15 Point of Sale System: Green Bits Wholesale Inventory: $150k Avg Ticket order: $60/order
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

The Dispensary is 1 of the 11 licensed Retail facilities in West Hollywood and  has phenomenal traffic counts and strong area demographics. One of the best LOCATIONS in all of Los Angeles County. It’s been operating successfully with little to no marketing and without implementing the Delivery License! 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.

In 2017, the West Hollywood City Council adopted a cannabis ordinance allowing a variety of cannabis businesses to be licensed in the City. The City of West Hollywood has undertaken a robust, merit-based selection process for cannabis applicants.During the month of May 2018, applicants were allowed to submit cannabis screening applications to the City. The City received over 300 screening applications from over 120 different applicants (most applicants submitted applications in multiple categories). Only the top 8 were selected and granted licenses and this is 1 of the 11!

Details:

Space: 2,925 SqFt
Rent: $21,500/Month
Lease Terms: Long Term Lease In Place
15 Parking Spots
Employees: 15
Point of Sale System: Green Bits
Wholesale Inventory: $150k
Avg Ticket order: $60/order

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.
 

Asking Price: $1.5M (Seller Financing Available)

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.

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

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