
Listing ID : 865037
Broker ID : 01788589
Listed On November 26, 2024 338
Listing Updated March 19, 2025
Listing Highlights :
This exceptional investment opportunity features a Pre-ICO micro-business license in Los Angeles, offering unparalleled flexibility and potential for expansion. The micro-business license, encompassing retail, delivery, cultivation, distribution, and manufacturing, provides an all-encompassing solution for cannabis operations. Uniquely, all licenses are transferable within Los Angeles, empowering the new owner to relocate the dispensary to a more favorable retail environment or strategically separate licenses to maximize revenue streams. This versatility paves the way for endless growth opportunities in the competitive cannabis market.
Investment Highlights
– Established Operations: Proven track record with successfully operational retail, delivery, and cultivation businesses at the current location for several years.
– Comprehensive Licensing: Includes active licenses for distribution and manufacturing, adding versatility to the business model.
– Cost-Efficient Licensing: The consolidated micro-business license structure reduces licensing fees, offering operational savings.
– Strategic Relocation Potential: Licenses are transferable within Los Angeles, enabling a move to a prime retail area or the strategic separation of operations.
– Scalable Cultivation: Potential to expand cultivation canopy to up to 22,000 square feet once the license is relocated.
– Existing Resources/Layout:
– Flower Lights: 50 – HPS
– Veg Lights: 13 – LED
– Power: 400 AMPS – 3 Phase, 480 Volts
– Ceiling Height: 11 FT in Flower Rooms
– Revenue Growth Potential: Significant upside across retail and cultivation sectors, ensuring ample room for increased profitability.
– 2024 Gross Revenue Projections:
– Retail: $1.4 Million
– Cultivation: $700,000
– Total: $2.1 Million
– Good Lease Terms:
– Property Size: Approximately 6,200 SF
– Lease Rate: Approximately $16,725 Monthly
– Term: Initial Term Expires Oct 2025
– 5 Year Option to Extend x 1
– Attractive Asking Price: $999,000, calculated at 5x net income, reflecting strong financial performance and future potential.
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