Turn-Key Social Equity Cannabis Dispensary & Delivery Business for Lease in Northridge, California

**Please do not reach out if youre a broker trying to get a listing, if you have a buyer Im happy to work with you otherwise I dont need representation**

Disclosing conditions before releasing any more information: provide proof they are a qualified social equity, proof of funds, NDA, and written LOI.

Location: Northridge, CA – Full Address will be disclosed after disclosing conditions are met.

Tier 1 Social Equity License – had to have been vetted a social equity Tier 1 or 2 by Department of Cannabis to be social Equity and purchase the business. Social equity candidate would have to own no less than 33.3% of the business.

Lease: 1267 sq ft $7749/m flat 4% annual rent increase (not NNN)

Lease Ends August 30, 2028. (Approx 2 years left on current lease) with option to extend additional 5 years. Landlord is holding a 10K deposit.

Gross Receipts (sales including all taxes collected) - $162,428

Net Sales (sales minus refunds)  for month of June - $115,558 (already reduced by discounts)

No Outstanding Taxes – any outstanding amount will be taken care of before completion of sale

No loans other than revolving inventory debt (product is typically on a net 30 - 1 in 1 out basis)

Lease: 1267 sq ft $7749/m flat 4% annual rent increase (not NNN)