Turn Key Cannabis Dispensary in SFV
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**Please do not reach out if you're a broker trying to get a listing, if you have a buyer Im happy to work with you**
Disclosing conditions before releasing any more information: provide proof they are a qualified social equity, proof of funds, NDA, and written LOI.
Location: Northridge, CA – Full Address will be disclosed after disclosing conditions are met.
Tier 1 Social Equity License – had to have been vetted a social equity Tier 1 or 2 by Department of Cannabis to be social Equity and purchase the business. Social equity candidate would have to own no less than 33.3% of the business.
Lease: 1267 sq ft $7749/m flat 4% annual rent increase (not NNN)
Lease Ends August 30, 2028. (Approx 2 years left on current lease) with option to extend additional 5 years. Landlord is holding a 10K deposit.
Gross Receipts (sales including all taxes collected) - $162,428
Net Sales (sales minus refunds) for month of June - $115,558 (already reduced by discounts)
No Outstanding Taxes – any outstanding amount will be taken care of before completion of sale
No loans other than revolving inventory debt (product is typically on a net 30 - 1 in 1 out basis)
Lease: 1267 sq ft $7749/m flat 4% annual rent increase (not NNN)
Disclosing conditions before releasing any more information: provide proof they are a qualified social equity, proof of funds, NDA, and written LOI.
Location: Northridge, CA – Full Address will be disclosed after disclosing conditions are met.
Tier 1 Social Equity License – had to have been vetted a social equity Tier 1 or 2 by Department of Cannabis to be social Equity and purchase the business. Social equity candidate would have to own no less than 33.3% of the business.
Lease: 1267 sq ft $7749/m flat 4% annual rent increase (not NNN)
Lease Ends August 30, 2028. (Approx 2 years left on current lease) with option to extend additional 5 years. Landlord is holding a 10K deposit.
Gross Receipts (sales including all taxes collected) - $162,428
Net Sales (sales minus refunds) for month of June - $115,558 (already reduced by discounts)
No Outstanding Taxes – any outstanding amount will be taken care of before completion of sale
No loans other than revolving inventory debt (product is typically on a net 30 - 1 in 1 out basis)
Lease: 1267 sq ft $7749/m flat 4% annual rent increase (not NNN)
About the Business
- Years in Operation
- 5
- Employees
- 5 (4 Full-time, 1 Part-time)
- Facilities & Assets
- Turn Key.
- Opportunities for Growth
- The space next door is available for a good price if you want to expand, we also have a delivery license that we have not tapped into yet.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,267
- Rent
- $7,749.00 per month
- Lease Expiration
- 8/30/2028
About the Sale
- Seller Motivation
- We are involved in too many different businesses and don't have time to commit.
- Transition Support
- We can help with training and/or support for 3+ months.
Listing Info
- ID
- 2525694
- Listing Views
Listing ID: 2525694 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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