LA PRE-ICO Recreational Medicinal Cannabis Marijuana Dispensary Sale

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LA PRE-ICO Recreational Medicinal Cannabis Marijuana Dispensary
Asking Price:
$6,400,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$125,000
included in asking price

FF&E:
$250,000
included in asking price

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Business Description

This opportunity does not come often especially in the most sought-after cannabis market in the world.

This is the ONLY fully turn key retail opportunity in Los Angeles County, California’s largest marijuana market. The pressure is on in the Los Angeles cannabis market for vertical integration for existing shops, to not only cultivate/manufacture in-house but have the means to distribute to other businesses along with the end users.

This opportunity is licensed Medical and Recreational

Retail storefront and Retail Delivery (Both Uses Medical and Recreational)Storefront in use but not the delivery!
Cultivation up to 10,000 sq ft (Both Uses Medical and Recreational) In use
Manufacturing (Both Uses Medical and Recreational) Not in use
Distribution (Both Uses Medical and Recreational)Not in use

Long term lease available
Rent is $9300/Month
4900 sqft ($1.89 per SQFT)
Master Grower
Branded Name Included
Adequate Amps for Electric Panel
If you are looking for vertical integration in the most demanded market in the state this is the opportunity. The shop has been in operation for 10 years and has stood above competitors by conveying uniform quality products, impressive marketing strategies, and amazing customer service.

Their Brand comes with the business, they net over $500,000 in 2017 medical only just the retail store. Not utilizing any of their other licenses. No liens, back taxes, may consider seller financing but must put 3/4s down.

$125k in inventory and over $250,000 in fixtures.

Why spend the next couple of years and capitol looking for properties that meet the approved zones, applying for licenses, jump through the hoops of the ever-changing cannabis regulations to take a risk of maybe obtaining a license? Even if you are able to obtain a license by then, you still have to compete in the aggressive LA market who had a mile head start vs everyone else getting in after 2018.

Asking Price: $6,400,000.00

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

Kay Akel, DRE License # 01702478

If you have any questions call Kays’ assistant (619) 653-0483

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

About the Business

Year Established:
2008
Number of Employees:
6
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,900
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About the Sale

Reason For Selling:
2 Partners late 60's looking to Retire
Training/Support:
30 Days Training and Comes with a current Master grower
Seller Financing:
80% Down Required

Listing Info

ID:
1515344
Ad Detail Views:
175

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Business Listed by

GLB Inc

GLB Group Inc - 01702478

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