Pre-ICO Turn-Key Dispensary

Pricing Details

Full Buy Out Price:
Buy In Price:
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Property Details

Property Attached:
Property Is Movable:
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Operations Are Needed:

-- SOLD--This Dispensary is on pace to do close to $4M this year on the retail storefront side. This year the shop has grossed $1.75M and will probably finish around $3.8-$4M, once they close down the surrounding illegal shops the dispensary should easily do $5M minimum because that was what the shop was producing with those surrounding illegal shops. The shops has the capability of doing retail and manufacturing. The current operator wants to bring in an established company and have them use the manufacturing license to do all the work and collect 50% of their profits. Which could easily generate the same revenues on his 50% as the retail store is doing. This business with the storefront is doing $5M in 2019, (plus delivery) could bring in an additional $1m-$1.5M the first year along with $5M on the manufacturing side projections around $11.5M to $12M next year. Evaluation of this business – This is evaluation simply for Los Angeles because it is the Capitol of the World for Cannabis their licenses paper value is much higher than every other city. Market Value for just all 10 Licenses (Retail Storefront, Retail Delivery, Cultivation, Manufacturing and Distribution and you have licenses for both Medical and Recreational is going between 5M to 5.5M for just paper. 2X Gross Revenue is Fair Market Value however a lot of sellers that we do not represent that try and sell their business on their own want closer to 3 to 3.5Xs Gross Revenue because it is the “Cannabis Gold Rush but 2X’s is very fair market Value which in my opinion is about 10% below market Value but those are the only listings we bring on we pass on everything else above that. Recap 5 -5.5M Licenses with zero revenues + 2X Gross + (Real Estate Value) = Fair Market Value. (Inventory+ Fixtures+ the staff + the know training), how typically is included in the formula described above. 13M Business – 5M Paper + 4M Retail Sales+ 3M Real Estate = 12M just asking over 1.25 x’s Gross Revenue Most Los Angeles businesses are trading at licenses (5M plus 2X’s Gross Revenue) Total: 9,000 sq ft 3500 sq ft allocated for dispensary 5000 sq ft for manufacturing Warehouse. 500 sq ft of Office space Option to buy with no real estate 10M , with a lease of $15,000 a month long term lease available. 14 employees , plus security team, 24 hour surveillance. Ample parking over 20 spots Owner has over 12 years of Business Experience, is willing to train Asking Price: $13,000,000.00 Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. Yesenia Jimenez, DRE LIC CA#0207136

Price: $13,000,000

Listing Status: Sold


Date Listed For Sale:
License Type:

Los Angeles, California

Recreational: Yes
Medicinal: Yes

Listing Type

  • Manufacturer/processor/extraction
  • Dispensary
  • Real Estate