Marijuana Pre Ico Recreational Dispensary, Cultivation, Manufacturing

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Recreational Cannabis Dispensary, Cultivation, Manufactruing Marijuana
Asking Price:
$7,900,000

Gross Revenue:
$3,000,000
Cash Flow:
$1,000,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$250,000
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

Just hit the Market
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 for
Retail storefront and Retail Delivery, (Both Uses Medical and Recreational)
Cultivation up to 10,000 sq ft (Both Uses Medical and Recreational)
Manufacturing (Both Uses Medical and Recreational)
Distribution (Both Uses Medical and Recreational)

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 8 years and has stood above competitors by conveying uniform quality products, impressive marketing strategies, and amazing customer service.
They just received their Recreational License and have not Marketed this use to the public.-

Gross: $2,800,000.00 (Medical Dispensary Storefront Numbers ONLY) 2017
Wholesale Inventory: $200,000.00 Included
Fixtures: $500,000.00 Included
Building Size: 10,000sq
Rent: $20,000.00/month

2018 Projections -
Projected Retail Sales (2018) $8M for the storefront and $720,000 for the Delivery Retail, With New Recreational Licensed issued 1 week ago - 8.7M total
Manufacturing Projections Estimated (2018) 66% Gross Profit Margin- $2M to $4M
Cultivation Projections Estimated (2018) 66% Gross Profit Margin - $3.5M to $5M
Distribution Projections depends which route you want to go either bringing on board big name companies who need distribution or doing it yourself.
Conservatively in over the course of 2018 in the next 12 months utilizing all licenses you should gross between 14M - 16M the 1rst 12 months.

Asking Price: $7.9M
This is an amazing opportunity to enter California’s fastest growing industry. If you are serious about moving forward with this opportunity, please contact Drew (760) 659-3519
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

About the Business

Year Established:
2006
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
10,000
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About the Sale

Reason For Selling:
Owner is moving

Listing Info

ID:
1375508
Ad Detail Views:
683

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Business Listed by
GLB Group Inc

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U.S. Census Data for Los Angeles County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Los Angeles County, CA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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