PRE-ICO Turn-Key Cannabis Dispensary w/ Delivery Business For Sale (Encino, CA) #270New
Dispensary Retail Storefront with Delivery / Posted 2 weeks ago
This is one of the original Pre-ICO established prior to 2007 Cannabis Dispensary’s in LA. This is a turn-key opportunity with both long-term stability and the potential for exponential growth. If you are looking for a flagship store or looking to add to your portfolio, this is a great opportunity for you. In 2019 the shop grossed $3M and is on pace to do $3.5mil in 2020. This dispensary includes a delivery service as well as a storefront. Management and staff members know their roles and expectations that are required of them, so the shop runs like a clock.
The dispensary is located in a prosperous neighborhood, which attracts a higher ticket number. Recently, gentrification has been driving more retail foot traffic to the surrounding businesses.
- Rent: $8,000/month
- Space: 2,700 sqft
- Licenses: Adult-Use Recreational & Medicinal Sales
- Freshly repaved private parking with 5 spaces
- Recently underwent a fully paid low six-figure renovation
- 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.
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer
Asking Price: $5,000,000.00
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 Drew (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.