Listing ID : 863886
Listed On November 20, 2024 10
Listing Updated November 20, 2024
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.
– 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
– Reasonable Lease Rate:
– Property Size: Approximately 6,200 SF
– Lease Rate: Approximately $10k Monthly
– Attractive Asking Price: $1,760,000, calculated at 5x net income, reflecting strong financial performance and future potential.
Location: Located 31 miles from Medellin, this 143-acre (58 ha)cannabis farm sits 5,900 feet above sea level in Fredonia. Just 1.2 miles from the nea
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Cannabis & Hemp Banking
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