Marijuana Dispensary Storefront for sale in CA 90001

Operational Cannabis Dispensary, Delivery, Cultivation, Manufacturing & Distribution Business For Sale (Los Angeles, California) #1551

Step into a thriving cannabis operation that encompasses retail, manufacturing, cultivation, delivery, and distribution. Established in 2008, this Pre-ICO business has built a solid foundation within the community. In 2023 the business generated $4M in total revenue and is on pace to do do the same in 2024. 

The facility spans 3,800 SqFt, featuring a 1,500 SqFt sales floor and a 2,300 SqFt cultivation area with a ceiling height of 10 feet, optimized for plant growth. The business operates with a monthly rent of $9,000, with 3 years remaining on the current lease and options for 2 additional 5-year extensions.

The sale includes essential licenses for retail, delivery, cultivation, manufacturing, and distribution, along with a strong customer base and all assets are included. Seller financing is available with 50% down of the agreed upon purchase price and negotiable terms for the remaining balance. Great opportunity to own a fully vertical operational Pre-ICO business all under one roof in the heart of Los Angeles, the Mecca of the cannabis industry.

Revenues:

2023 Gross Revenues: $4M 

Net: Break-Even

2024 YTD Gross Revenues: $3M

Net: Break-Even 

Business Details:

Total Space: 3,800 SqFt

Rent: $9,000/Month 

Lease: 3 YRS Left w/ (2) 5 YR Options

Ceiling Height: 10 Ft

Licenses: Retail Storefront, Delivery, Cultivation, Manufacturing, Distribution

Assets Included: Dispensary Furnishing, Shelving, Office Furniture, AC’s & Dehumidifiers

Retail:

Number of Employees: 19

POS System: Meadow

Assets included 

Operating Since 2008 Pre ICO

Space: 1,500 SqFt

Cultivation:

Canopy Space: 2,300 SqFt

Grow: Has 3 Flower Rooms

Flower Lights: 66

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.

Cultivation: Growing cannabis up to 10,000 SqFt Canopy Size.

Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.

Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).

Asking Price: $2,500,000.00 (Seller Open to Offers w/ 50% Down)

Must sign an NDA/Waiver and provide Proof of Financials 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

Tom Milks, DRE CA LIC# 02064305

If you have any questions Call Tom (619) 972-5952

Or Email : tom@glbgroupinc.com

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