Listing ID : 687422
Listed On March 11, 2024 478
Listing Updated April 9, 2024
Established fully vertical cannabis business.
Prime locations in San Fernando Valley, 3 locations.
Five licenses covering retail, 2 cultivations, distribution, and manufacturing.
Location 1 – Retail and Delivery (Recreational and Medicinal)
Location: San Fernando Valley
Building: 5,000 sqf, 2-story standalone with 19 parking spaces.
Rent: $15,000 with two 5-year options.
Operational Since: Dec 2022
2023 Gross Revenue: $3.1M
Sales Growth: 20% YoY
Banking: Dama Financials
Location 2 – Cultivation (Specialty Indoor)
Location: San Fernando Valley
Building: 9,250 sqf
Rent: $20,000 with long-term lease (Option to buy real estate)
Infrastructure: 232 LED flowering lights, 86 LED Veg lights
Features: Fully automated irrigation system with sensor monitoring
Genetics: Includes 15+ exotic genetics
2023 Harvested Flower: 2,655 LB
2023 Gross Revenue: $3,320,000
Location 3 – Distribution and Manufacturing Type 6, Cultivation (Specialty Indoor)
Individual licenses.
Location: San Fernando Valley
Building: 5,000 sqft
Rent: $11,000 with long-term lease (Option to buy real estate)
Infrastructure: 72 LED flowering lights, 50 LED veg lights. Room to expand additional 35 light
Features: Fully automated irrigation system with sensor monitoring
2023 Harvested Flower: 850 LB
2023 Gross Revenue from Cultivation: $1.1M
2023 Gross Revenue from Distribution: $8.75M
Banking: Dama Financials
Sales Include: Book of business
Staffing: Fully trained and experienced team included
Total Company Gross Revenue for 2023: $11,850,000
Total Asking Price for all licenses: $8M
Minimum down payment 70%
Listing Highlights
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Cannabis & Hemp Banking
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