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Premium Dispensary for Sale in San Fernando Valley

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

Listing ID : 689514

Listed On March 16, 2024 View Count 566

Listing Updated August 12, 2024

Price :
$1,200,000(Price Reduced)
Business Overview :
License Details :
License Status:
Active – Current
Business Location Details :
Business Location:
Leased
Rent:
$15,000
Size:
5,900 Sq. Ft.
Terms :
Financing:
Cash, Owner Financing
NDA Required:
Yes
Company Overview :
Description :

Overview:

Step into the thriving cannabis industry with this fully operational dispensary, strategically situated in a prime location. Boasting a standalone building with 20 parking spots, this two-story establishment commands attention with its striking architecture and excellent visibility.

Business Highlights:

Successfully operational for approximately 2 years, demonstrating consistent growth at a rate of 20% year-over-year.

One of the largest dispensaries in the valley, catering to a diverse clientele.

Currently employing 11 dedicated staff members, ensuring seamless operations and exceptional customer service.

Rent: $15,000 per month, offering favorable lease terms.

Impressive 2023 Gross Revenue: $3.1M, showcasing strong financial performance.

Spacious building spanning 5,900 sqf, featuring a well-designed layout.

Sales Floor: 2,900 sqf, providing ample space for showcasing products and serving customers.

Back Offices and Vault Room: 1,600 sqf, facilitating efficient administrative tasks and secure storage.

Upstairs Multipurpose Office Space: 1,400 sqf, offering flexibility for additional operations or expansion.

Extensive remodeling investment exceeding $2 million, ensuring a modern and inviting atmosphere.

Current inventory valued at $250,000, providing immediate revenue-generating opportunities.

Additional Features:

Delivery services available, enhancing accessibility for customers.

Established reputation for quality products and exceptional customer experiences.

Positioned for further growth and profitability in a rapidly expanding market.

For serious inquiries, please email at: contact4xx@gmail.com

Listing Highlights

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