Cannabis Dispensary For Sale, PRE-ICO, San Fernando Valley, LA County #116Popular Med., Rec., Pre-ICO, Turn Key, Sold
Cultivation / Posted 3 years ago
Cannabis Dispensary For Sale, PRE-ICO, San Fernando Valley, LA County
This is the ONLY cannabis dispensary for sale that is 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)
- Cultivation up to 10,000 sq ft (Both Uses Medical and Recreational)
- Manufacturing (Both Uses Medical and Recreational)
- Distribution (Both Uses Medical and Recreational)
- 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: $5,500,000.00
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
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.