Cannabis Retail Facility for sale in Los Angeles, CA 11111

This well established cannabis dispensary is situated in one of the best locations in the Los Angeles area, with very high pedestrian and drive-by traffic. The Dispensary's ideal location, coupled with extremely strong management and customer focus, has resulted in profitability levels experienced by very few dispensaries in the state of California. Priced at a low multiple of EBITDA, this dispensary would be an excellent addition to a chain seeking more name recognition in the Los Angeles region and additional cash flow. Persons seeking to enter the cannabis industry could benefit from the established marketing presence and high revenue of this business, and avoid the challenges of a start up and/or new license. There also is convenient onsite parking. Lease for 4600 sq. ft. until March 31, 2028, at $38,400 NNN, with 3 five year extension options. The business utilizes Weedmaps, texting campaigns and and loyalty programs. Additional SEO and social media could be utilized if desired, to drive further revenue goals. Delivery could also be added, as part of the license. The business attracts many customers from competitors due to its emphasis on service and well priced quality products. Revenue is strong and continues to grow. Seller can assist Buyer in a transition of the business. . Seller is amenable to seller financing for a portion of the purchase price. NDA and POF Required.