Operational Cannabis Dispensary Retail and Delivery Business For Sale (Los Angeles County, CA) #596

Great opportunity to acquire a fully turnkey Cannabis Retail Storefront and Delivery business in one of California’s largest cannabis markets Los Angeles County. The shop is currently sitting on a 3,000 sq. ft. facility in which the seller is also open to entertaining offers on the Real Estate. The business also comes with approximately $100,000 worth of inventory creating upside for the new owner. The business is licensed for retail and delivery cannabis sales, the delivery could make deliveries anywhere in the State of California as far as logistically possible. This is a great opportunity for someone who is looking to expand their footprint in the Los Angeles Cannabis Market, while also taking advantage of the very nearby major markets and or someone who is looking to enter the industry.

Cannabis Businesses were labeled as essential businesses back in March of  2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. 

Details: 

• Space: 3,000 SqFt 
• Rent: $6,000/Month
• Inventory: $100K 
• Landlord open to entertaining offers on Real Estate
• Been at the Same Location since 2006
• Licensed both at the Local and State level 
• 2021 Gross revenue was 2.2M (Owner Full Absentee)
• Located in the City of Van Nuys

Licenses:

• Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of 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.
• Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

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: $4,500,000.00 

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.