Fire Sale Liquidation City of Los Angeles Pre Ico Dispensary on the Border of West Hollywood (Los Angeles, California) #1259

  • $1,490,000

Business Description

Presenting a unique Fire Sale opportunity to acquire a fully operational cannabis dispensary strategically situated on the border of Los Angeles and West Hollywood! This 4551 SqFt establishment boasts a thoughtfully designed interior, with a contemporary ambiance that complements the discerning clientele it attracts. This business is currently generating $2.56M in net sales, representing a greater value!  

Featuring a competitive monthly rent of $19,500, the landlord is amenable to negotiating a long-term lease, providing stability for the prospective buyer. The property includes ample parking spaces, ensuring a seamless and convenient experience for both staff and clientele. The strategic positioning in a highly desirable location enhances its appeal, promising sustained success in the thriving cannabis market.

In a city renowned for its discerning cannabis connoisseurs, this dispensary stands out as a beacon of quality and reliability. Act swiftly to secure your position in this lucrative market, as opportunities of this caliber are rare and hard to come by!

Details: 

  • Space: 4551 SqFt
  • Rent: $19,500/Month 
  • Lease 2 YRs Left (LL Open to Long Term Lease)
  • Net Sales: $2.56M 
  • Parking Spaces: 11+ Street Parking 
  • The Seller’s are willing to entertain A Pre Ico Paper License Value ($1M if it is ALL CASH)

Licenses:

  • 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.

 

Asking Price: $1.49M (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 LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Business Details

  • Price: $1,490,000
  • Business Type: Dispensary Retail w/ Delivery, Distressed "Must Sell" Businesses, Seller Financing Available
  • Business Status: Pending
  • Location: California
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Drew Mathews, CEO
  • Drew Mathews, CEO