CannaMLS ID: 2371
Marijuana Retail Facility for sale in CA 90270
Fully Operational Retail Storefront For Sale – Maywood, CA
Created | Updated
Price
$ 1,400,000
Seller financing available
WeCann is pleased to present this fantastic opportunity to purchase a turnkey, fully operational cannabis retail storefront business in the city of Maywood, CA.
- Property
- Licenses
- General
Property
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 7,000
Building size (sq ft): 900
WeCann is pleased to present this fantastic opportunity to purchase a turnkey, fully operational cannabis retail storefront business in the city of Maywood, CA. The business has been open for approximately five years and has developed a loyal customer following. It is located on a busy street with strong traffic counts and currently serves about 250 customers daily.
Located off a main throughway
Approximately 30,000 car count
Great foot traffic
Upside in revenue
Current operator is making very few deliveries, if any
Gross Revenue on track for $2,714,892 for the 2024 year, without excise and sales tax, reflecting a 1.94x Gross Revenue Multiplier
Long term lease in place that buyer will assume
Approximately 800 SF Unit
Monthly Rent: $7,000
Limited competition
Neighboring cities do not have any cannabis dispensaries or delivery businesses
Maywood has only approved 5 retail licenses, of which only 4 are still valid
- Property
- Licenses
- General
Property
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 7,000
Building size (sq ft): 900
