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Fully Operational Retail Storefront For Sale – Maywood, CA

Maywood, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 684721

Posted on March 11, 2024 View Count 26

Price For Sale:
$1,750,000(Price Reduced)
Gross Revenue:
$3,000,000
Real Estate:
Leased
Current Cannabis Business License:
Yes
License Type:
Medical & Recreational
Rent:
$7,500
Size:
900 Sq. Ft.
City Cannabis Tax Rate:
6%
Terms of Sale:
Cash, Financing , Owner Financing
NDA Required:
Yes
Description :

WeCann is pleased to present this wonderful opportunity to purchase a turnkey, fully operational cannabis retail storefront business in the city of Maywood, CA. The business has been open for approximately 5 years and has developed a loyal customer following. Business is located on a busy street with strong traffic counts. Currently serving about 250 customers daily.

Bullets for Highlights:

·      Located off a main throughway

o   Approximately 30,000 car count

o   Great foot traffic

·      Upside in revenue

o   Current operator is making very few deliveries, if any.

o   Increase daily customer count

·      Long term lease in place that buyer will assume

o   Approximately 800 SF Unit

o   Monthly Rent: $7,000

·      Limited competition

o   Neighboring cities do not have any cannabis dispensaries or delivery businesses

o    Maywood has only approved 5 retail licenses, of which only 4 are still valid

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