Marijuana Retail Storefront for sale in CA 90046

PRIME Location Operational Dispensary & Delivery Business For Sale (West Hollywood, California) #1505

This is 1 of only 11 licensed dispensaries in West Hollywood, CA. Located in a city that attracts millions of visitors annually, this dispensary offers an unparalleled opportunity to capitalize on the booming cannabis market in Los Angeles County, the epicenter of cannabis culture. The dispensary is fully licensed and operational, providing a greater value and easier transition for the new owner. Additionally, the business includes a  delivery license, though the current owners have not yet activated this component. This is another example of untapped revenue growth potential that the new owner could capitalize on. This is a perfect fit for investors or existing dispensary owners looking to secure a flagship location in a major market. Its location in one of the most prominent cannabis markets in the world makes it an ideal addition to any portfolio. The owner is focused on selling based on the value of the license itself rather than a revenue multiple, presenting a unique opportunity to acquire a premier dispensary with substantial growth potential.

Details: 

Space: 1500 SqFt

Rent: $9,738/Month 

Lease: Up to 10/23 w/ 5YR 

Wholesale Inventory: $50k

P.O.S.: Treez

Employees: 5

1 of 11 Licensed Dispensary’s in WeHo

State License: Provisional

Licenses: 

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.

Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

Asking Price: $1.25M (Seller Open to Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : broker@glbgroupinc.com

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