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Join Clearing and Settlement Now!

 7,900,000.00

Dispensary For Sale (Los Angeles)

  • City: Los Angeles
  • State: California
  • Country: United States
  • Listed: November 20, 2018 9:38 am
  • Expires: None
Screen Shot 2018-04-18 at 4.18.13 PM

Description

Summary

Just hit the Market

This is the ONLY fully turn key retail opportunity in Los Angeles County, California’s largest marijuana market. The pressure is on in the Los Angeles cannabis market for vertical integration for existing shops, to not only cultivate/manufacture in-house but have the means to distribute to other businesses along with the end users.

This opportunity is licensed for

● Retail storefront and Retail Delivery, (Both Uses Medical and Recreational)

● Cultivation up to 10,000 sq ft (Both Uses Medical and Recreational)

● Manufacturing (Both Uses Medical and Recreational)

● Distribution (Both Uses Medical and Recreational)

If you are looking for vertical integration in the most demanded market in the state this is the opportunity. The shop has been in operation for 8 years and has stood above competitors by conveying uniform quality products, impressive marketing strategies, and amazing customer service.

They just received their Recreational License and have not Marketed this use to the public.-

Gross: $2,800,000.00 (Medical Dispensary Storefront Numbers ONLY)

Wholesale Inventory: $200,000.00 Included

Fixtures: $500,000.00 Included

Building Size: 10,000sq

Rent: $20,000.00/month

2018 Projections –

1. Projected Retail Sales (2018)$8M for the storefront and $720,000 for the Delivery Retail, With New Recreational Licensed issued 1 week ago – 8.7M total

2. Manufacturing Projections Estimated (2018) 66% Gross Profit Margin- $2M to $4M

3. Cultivation Projections Estimated (2018) 66% Gross Profit Margin – $3.5M to $5M

4. Distribution Projections depends which route you want to go either bringing on board big name companies who need distribution or doing it yourself.

5. Conservatively in over the course of 2018 in the next 12 months utilizing all licenses you should gross between 14M – 16M the 1rst 12 months.

Asking Price: $7.9M

This is an amazing opportunity to enter California’s fastest growing industry. If you are serious about moving forward with this opportunity, please contact

Drew (760) 659-3519

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Financial Highlights

2016 2017 2018 Projections
Sales $2,033,871 $2,867,670 $8.7M
Medical Only Medical Only With Recreational &
Storefront and Delivery
Net Income
(EBIT) & after $376,577 $745,345
inv. debt

Ave monthly
dispensary 7,525 9,191
patients

Video courtesy of Millennium Trust

Listing ID: 4285ad7c996a84ff

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