Vertical Cannabis Campus w/ Real Estate & Dispensary, Cultivation, Manufacturing, Distribution Licenses (Los Angeles County) For Sale New Popular Med., Rec., Pre-ICO, RE Included, Turn Key
This is the largest Real Estate play attached to a PRE ICO in Los Angeles, Real Estate sits on 1.83 Acres!
This is a one-of-a-kind fully vertical cannabis campus with retail, cultivation, manufacturing, and distribution licenses in place. The new operator that seizes this opportunity would be able to dominate the Distribution market in the state of California with the amount of space available.
$1.6M Gross on the Retail Side which has room for growth and improvement.
Shop has capacity to do 200 customers a day, 200 customers a day current average ticket $60 = $12,000 a day. 4.38M per year!
$3.52M Gross on the Cultivation side (Maximizing the full 22,000 sq ft canopy, these numbers can be over $15M)
The grow currently sits on 10,500 sqft (Los Angeles allows up to 22,000 sqft on property)
Producing 1600 lbs a year at $2,200 per lb
Manufacturing Non-Volatile has been issued but not currently in Production. (Estimated Revenue for next year ($8M)
Non-Volatile: Extraction using a mechanical method or non-volatile solvent such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter
The space this opportunity has is a distribution heaven. With so little real estate Available in the LA Market this location has the space to be the Costco of Cannabis in Los Angeles !
Distribution the first year can range between $3M to $8M the first year, this location has the capacity to be used as the headquarters of all Los Angeles.
Full Distribution, not just transport.
Estimated projected Revenue between $28M to $32M Next Year and increasing from there as the new owner develops in house brands and dials in the facility
Real Estate- 1.83 Acres (Appraised at $12mil)
4 Licenses- Retail, Cultivation, Manufacturing & Distribution
All staff stays on board with new operators
9 Months of Training provided by Sellers
Asking Price: 21.5M w/ Real Estate Included ! (Real Estate Appraised Value is $12M)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.