Turn-Key High Revenue Dispensary & Delivery Business For Sale(West LA)

West Los Angeles, CA (Los Angeles County)

Turn-Key High Revenue Dispensary & Delivery Business For Sale(West LA)
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Asking Price: $11,000,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: N/A

Turn-Key High Revenue Dispensary & Delivery Business For Sale(West LA)

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Business Description

(West LA) For Sale Turn-Key High Revenue Dispensary & Delivery Business

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!

Details:

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
Licenses:

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: $11M (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. This listing is Fully Exclusive only by Green Life Business Group, Inc.

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 : eespinoza@glbgroupinc.com

Detailed Information

Location:
West Los Angeles, CA
Facilities:
Cannabis License on Property. License: Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical 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.
Support & Training:
Training Provided by Seller.
Reason for Selling:
Looking to enter another avenue in the cannabis industry.
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Alejandro Ochoa

Business Listed By:
Alejandro Ochoa

GLB GROUP Inc.

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Ad#:1842542

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