PRE-ICO Turn-Key Cannabis Dispensary w/ Delivery Business For Sale (Encino, CA)

CannaMLS ID: 4057
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PRE-ICO Turn-Key Cannabis Dispensary w/ Delivery Business

This is one of the original Pre-ICO established prior to 2007 Cannabis Dispensary’s in LA. This is a turn-key opportunity with both long-term stability and the potential for exponential growth. If you are looking for a flagship store or looking to add to your portfolio, this is a great opportunity for you. In 2019 the shop grossed $3M and is on pace to do $3.5mil in 2020. This dispensary includes a delivery service as well as a storefront. Management and staff members know their roles and expectations that are required of them, so the shop runs like a clock.

The dispensary is located in a prosperous neighborhood, which attracts a higher ticket number. Recently, gentrification has been driving more retail foot traffic to the surrounding businesses.

Details:

Rent: $8,000/month

Space: 2,700 sqft

Licenses: Adult-Use Recreational & Medicinal Sales

Freshly repaved private parking with 5 spaces

Recently underwent a fully paid low six-figure renovation

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.

Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer

Asking Price: $4,600,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Price: $4,600,000

Listing Status: For Sale

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Location: California 91316




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