Turn-Key Cannabis Dispensary, Manufacturing Lvl 1 & Distribution Licenses F

CannaMLS ID: 1945
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Price: $3,500,000


Listing Details



Price: $3,500,000

Listing Status: For Sale

Turn-Key Cannabis Dispensary, Manufacturing Lvl 1 & Distribution Licenses For Sale (LA County) #242

New 

 Dispensary Retail Storefront with Delivery, Distribution, Manufacturing Type 6 NON Volatile, Micro Business / Posted 2 days ago / 18 views

$3,500,000.00

If you are looking to enter the cannabis market with a well-established retail storefront, a Distribution & Manufacturing business in LA County, then this is the opportunity for you! With Los Angeles County having an estimated population of 10mil+ and also welcomes over 40 million tourists each year, it is no surprise that LA is the cannabis mecca of the world.

Seller has licenses for Retail, Manufacturing Level 1 (Type 6) and Distribution. The Dispensary is located on a heavily trafficked intersection, great visibility which the new operator can take advantage of and add additional signage to increase foot traffic. The Dispensary opened its doors on January 2017, offering an inviting atmosphere to its customers along with offering a large variety of cannabis products from flower, extracts, edibles, etc. New operator will have the ability to pull in revenues from not only the Retail but also the Manufacturing and Distribution Licenses. 

Licenses: 

Retail- Is permitted to sell cannabis goods to customers at its premises . The business has a licensed facility where commercial cannabis activities occur.

Manufacturing (Type 6)-For extraction using a mechanical method or non-volatile solvent (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter)

Distribution- Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors

Details: 

Space: 7,500 sqft (3,000 is allocated to the Dispensary)

Rent: $9,500.00

Lease: 3 Year (Landlord open to long term lease with new owner)  

Employees: 7 

Parking: 10+

2018 Gross: $1mil 

Asking Price: $3.5mil 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. 


Listing Details

Listing Status
For Sale

Location
LA County, California 90004

Date Listed For Sale:
11/25/2019

Date Last Updated:
4/3/2020

Property Details

Pricing Details

Listing Price
$3,500,000

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