Fully Operational Dispensary And Delivery Off Melrose Avenue For Sale (Prime Location In LA)

CannaMLS ID: 7403
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Price: $3,750,000


Listing Details


Listing Category
Dispensary
Home Delivery

License Status
Municipal / local license granted
State / annual license granted


Price: $3,750,000

Listing Status: For Sale

Great opportunity for a Fully Operational Dispensary & Delivery business off Melrose in LA! The business is fully operational and licensed at the local and state level. The City of Los Angeles has a population 3.967 million residents, making it the Mecca of the Cannabis Industry in California. This would be a great addition for a publicly traded company or giant MSO looking to add or establish their retail footprint in the CA market! The benefit of the delivery license is that the business could make deliveries anywhere in the State of California as far as logistically possible, and not limited to the City or county of Los Angeles.

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.

Details: 

  • Space: 2500 SqFt
  • Rent: $24k/Month w/ NNN =$28k/Month
  • Parking Spaces: 8
  • License: Retail & Delivery

License:

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.

 

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.

 

Asking Price: $3,750,000.00 (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

Drew Mathews, DRE LIC CA# 02091143

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

Or Email : ceo@glbgroupinc.com

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


Listing Details

Listing Status
For Sale

Location
Los Angeles, California 90001

Date Listed For Sale:
9/16/2022

Date Last Updated:
9/22/2022

Property Details

Pricing Details

Listing Price
$3,750,000

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