Vertical Cannabis Campus w/ Real Estate & Dispensary, Cultivation, Manufacturing, Distribution Licenses For Sale (Los Angeles County) Cannabis Lending Available #121Popular Med., Rec., Pre-ICO, RE Included, Turn Key
Dispensary / Posted 5 months ago / 1881 views
The owners want $7M for the business and $12.5M for the real estate we have lending options available. We have Cannabis lending on the entire $12.5M for the Real Estate Available, if you have over $7M you can buy this business.
This is the largest Real Estate play attached to a PRE ICO in Los Angeles, Real Estate sits on 1.83 Acres!
This is a one-of-a-kind fully vertical cannabis campus with retail, cultivation, manufacturing, and distribution licenses in place. The new operator that seizes this opportunity would be able to dominate the Distribution market in the state of California with the amount of space available.
- $1.6M Gross on the Retail Side which has room for growth and improvement.
- Shop has capacity to do 200 customers a day, 200 customers a day current average ticket $60 = $12,000 a day. 4.38M per year!
- $3.52M Gross on the Cultivation side (Maximizing the full 22,000 sq ft canopy, these numbers can be over $15M)
- The grow currently sits on 10,500 sqft (Los Angeles allows up to 22,000 sqft on property)
- Producing 1600 lbs a year at $2,200 per lb
- Manufacturing Non-Volatile has been issued but not currently in Production. (Estimated Revenue for next year ($8M)
- Non-Volatile: Extraction using a mechanical method or non-volatile solvent such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter
- The space this opportunity has is a distribution heaven. With so little real estate Available in the LA Market this location has the space to be the Costco of Cannabis in Los Angeles !
- Distribution the first year can range between $3M to $8M the first year, this location has the capacity to be used as the headquarters of all Los Angeles.
- Full Distribution, not just transport.
Estimated projected Revenue between $28M to $32M Next Year and increasing from there as the new owner develops in house brands and dials in the facility
- Real Estate- 1.83 Acres (Appraised at $12.5mil)
- 4 Licenses- Retail, Cultivation, Manufacturing & Distribution
- All staff stays on board with new operators
- 9 Months of Training provided by Sellers
Asking Price: 19.5M w/ Real Estate Included ! (Real Estate Appraised Value is $12.5M)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Kay Akel, BRE CA# 02061374
If you have any questions call Kay’s assistant at (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.