Great opportunity for someone to add a Fully Vertical footprint in the Mecca of the Cannabis Market, Los Angeles CA (Population of 3.9M)! The new buyer will have to rename the store, there will be a transition period but the Company Brand will not be included in the sale, just the business, licenses, etc. This is a fully turn key operation that includes the ability to be fully vertical under one roof!
Retail Sales for 2021 $4,335,769 NOT INCLUDING TAXES!!!
All 4 Licenses have been built out and are Currently in USE!
-Retail, Cultivation, Distribution and Manufacturing License – 22,500 sq. ft building
-Cultivation produced 832 lb. of whole flower and 242 lb. of Shake
-Distribution used only for non-arms transactions to its own retail
-Income of Cultivation NOT aggregated in retail sales
-Manufacturing Currently not in operation but includes Full Spectrum Botanical Extraction System setup
Details:
Licenses:
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $2,990,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
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
Email: ceo@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
Compare listings
Compare