Los Angeles Cannabis Dispensary-Premium Location

Asking Price$3,800,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$5,000,000

Inventory$300,000
Not included in asking price
FF&ENot Disclosed

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Los Angeles Cannabis Dispensary-Premium Location


Asking Price$3,800,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$5,000,000

Inventory$300,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This well established cannabis dispensary is situated in one of the best locations in the Los Angeles area, with very high pedestrian and drive-by traffic. The Dispensary's ideal location, coupled with extremely strong management and customer focus, has resulted in profitability. This dispensary would be an excellent addition to a chain seeking more name recognition in the Los Angeles region and additional cash flow. Persons seeking to enter the cannabis industry could benefit from the established marketing presence and high revenue of this business, and avoid the challenges of a start up and/or new license. There also is convenient onsite parking. NDA and POF Required.
About the Business
Years in Operation
2
Employees
13
Facilities & Assets
Convenient Onsite Parking Lot. Lease until March 31, 2028, currently at $41,600 NNN per month, with 3 five year extension options.
Market Outlook / Competition
The business attracts many customers from competitors due to its emphasis on service and well priced quality products. Revenue is strong and continues to grow.
Opportunities for Growth
The business utilizes Weedmaps, texting campaigns and and loyalty programs. Additional SEO and social media could be utilized if desired, to drive further revenue goals. Delivery could also be added, as part of the license.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,600
Rent
$41,600.00 per month
Lease Expiration
3/31/2028
About the Sale
Seller Motivation
Seller is focusing on other business ventures.
Transition Support
Seller can assist Buyer in a transition of the business.
Financing Options
Seller is amenable to seller financing for a portion of the purchase price.
Listing Info
ID
2366167
Listing Views
2053

Contact Seller

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Business Listed by: Karen Muller Cannabis Business Brokers, Inc

Listing ID: 2366167 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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