CA Micro License Dispensary w/ Booming manufacturing!

CannaMLS ID: 4692
Save Listing

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$2,500,000
Ownership Percentage:
49 %

Property Details

Property Is Leased:
No
License Is Movable:
No
Real Estate Is Included:
Yes
Has Buy-in Option:
Yes
Facility Is Built Out:
Yes
Has Room For Expansion:
Yes

San Diego Area Micro License looking for a partner/investor. $2.5M

It's very simple.

$2.4M gross sales for the dispensary in 2020

$200k in manufacturing sales 4th qtr 2020 and growing fast.

FREE and clear land (worth $1.5M with improvements.)

$2.5MM investment

OPTION 1: Equity - 49% ownership. (8% preferred/guaranteed minimum return. $200k/yr - $16,675/mo.)

OPTION 2:  DEBT/EQUITY - 1st position lien on real estate loan of $1.5M. (10% interest only. 5yr balloon. $12,500/mo) $1M Equity for 20% ownership (8% preferred/guaranteed minimum return. $80k/yr - $6,675/mo.) Combined monthly Debt&Equity payment $19,175/mo)

Business & assets are worth est. $7M now with 5yr history and established business. Manufacturing will do over $700k in sales in 2021 in addition to the $2.4M the dispensary did in 2020. Approved changes to local laws will allow grows  and increased revenue due to recreational sales and manufacturing opportunities sometime in mid-late 2021. Having a micro license and our own land will allow us to instantly take advantage of this and increase profits further.

Price: $2,500,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: California 92065

Medicinal: Yes

Listing Type

  • Manufacturing
  • Dispensary
  • Home Delivery
  • Real Estate



 

 

Cannabis Business Loans & Finance

 

 

 

 

Hit the "Contact Seller" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannamls.com

 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company‚Äôs website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CannaMLS Inc. and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.