Posted on September 21, 2022 / 38Listing ID: 460186APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $595,000
Status : ACTIVE
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational, Social Equity License
Sale Type : Cash
Phone : 747-477-6275

Fully licensed (Provisional), operational Cannabis Delivery business Los Angeles (Population 10M+). Currently the business has a large radius delivering to Hollywood, Beverly Hills, NOHO, Studio City, Sherman Oaks, Encino, Woodland Hills, Silver Lake, Eagle Rock, Glendale, Burbank and its surrounding areas. The business also offers same day and scheduled delivery, quick service under 1 hour delivery times! With very minimal advertisement the business has gained hundreds of new patients and a following of loyal returning customers. Great Reviews on all major online platforms. The business has plenty of potential to grow the business with untapped niche markets and delivery areas, and with the right approach.  Plenty of room to grow for the right operator. Very very low operational costs. Great location next to all major freeways. Fully build out with state of the art security system and secured inventory room. Inventory included in the sale price. 

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.

Details:

  • Space: 750SqFt
  • Rent: $1450/month (3 years left with 5 Year Option)
  • Wholesale Inventory Included
  • Employees: 3
  • P.O.S.: WebJoint
  • State of the Art Security System
  • Branding and Website included in the sale
  • License: Non-Storefront Retail (Adult-Use & Medicinal)

Gross Revenues: 

  • 2022 YTD Gross Revenues- Available Upon Request

Licenses:

  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

Asking Price: $595,000.00 (Seller Open to Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

What’s Your Cannabis Business Worth?
Interested in selling your cannabis business? Find out what your cannabis business is worth today! GET AN EVALUATION
Contact Listing Owner
Cannabis & Hemp Banking
You May Also Like