Pre-ICO Cannabis Retail & Delivery Business for Sale in North Hollywood, California (Los Angeles Area)

Rare opportunity to acquire a PRE-ICO cannabis retail and delivery business with a proposed North Hollywood location. The business was previously operational and closed approximately four months ago. It is being offered with no reported debt associated with the business or licenses. The proposed 2,000-square-foot location provides a strong foundation for reopening operations. The facility offers more than 10 parking spaces directly in front and approximately 40 total parking spaces. The property is controlled by the seller’s partner, who is open to negotiating a new five-year lease with the buyer.

Opportunity Highlights

Pre-ICO retail and delivery opportunity

Approximately 2,000-square-foot facility

Monthly rent of $8,000

More than 10 front parking spaces

Approximately 40 total parking spaces

No reported business or license debt

Approximately $240,000 in reported tax credits, subject to verification

Fixtures and security cameras included

Dutchie POS system and additional dispensary equipment included

No inventory included

Seller financing may be considered depending on the offer

Potential 5-Year lease available

The licenses are not currently active. The seller represents that the licensing rights may be transferred or relocated to the proposed North Hollywood location.

Asking Price: $399,000.00 (Buyer to Pay Broker $15k as a Buyer Representation Fee)

Must sign an NDA/Waiver before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.

Green Life Business Group®, Inc DRE CA LIC# 02061374

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Drew at (619) 653-0483

Email : ceo@glbgroupinc.com

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Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business opportunity.

Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.