Fire Sale!!! High Revenue Dispensary
Unique opportunity to own a high volume, market leading Dispensary & Delivery business in Los Angeles County! This business is in a prime market and has been operating successfully with little to no marketing. Over $2M has gone into the renovations and built-out infrastructure alone, making it one of the most stunning dispensaries in LA County. The business is on pace to do $9.6M in gross revenue over the next 12 months, making this a Fire Sale due to the Seller 1X Gross asking price for a Dispensary in the Mecca of the cannabis industry! This fully permitted and licensed retail license includes the ability and capability to deliver cannabis products directly to consumers throughout Los Angeles and Southern California markets via the delivery service.
Cannabis Dispensaries have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries to remain open. Just as pharmacies are allowed to do, they are open for pickup or home delivery, home delivery is strongly encouraged. Now Dispensaries and cannabis deliveries are deemed critical!
- Space: 3,300 SqFt
- Rent: $20k/Month
- Lease: 5 YR w/ (3) 5 YR
- Parking: 6 Spots
- Employees: 17
- Wholesale Inventory: $600k
- $2M into the Buildout
- 1X Gross Evaluation !
- Training: 30 Days Provided by Seller
- Seller is willing to carry balance over the course of 3 YRs
- Seller is open to Stock with the right Public Company with a proven track record
- Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
- Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Asking Price: $9.9M (Seller Financing Available, 50% Down)
Seller is willing to carry balance over the course of 3 Years. Seller is also open to Stock with the right Public Company with a proven track record
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email : email@example.com