PRE – ICO Cannabis Dispensary Business with Option to Purchase the Real Estate Call For Offers Seller Financing Available (Los Angeles, California) #1683

Unlock the potential of a thriving dispensary business in the heart of Los Angeles, California. With 18 years of success under the original license holder, this fully operational dispensary is a rare gem, free from debts or tax liabilities—offering you a clean slate to build upon. Situated in a prime LA County location, you’ll benefit from unmatched access to a diverse and growing customer base, ensuring consistent profitability.

The business features a 1,000 sq ft dispensary space with an additional 2,000 sq ft available for expansion, making it a turnkey operation ready for immediate takeover. The dedicated team is prepared to continue under new ownership, and the seller is offering 30 days of comprehensive training to ensure a seamless transition. Included in the sale are the dispensary’s book of business, the lease of the space, and an optional opportunity to purchase the real estate, making this a truly exceptional investment.

Revenues:

2023 Total Income: $2.5M
2024 On Pace Through June: $2.6M
Details:

Space: 1,000 Sq Ft Dispensary  (3,000 Sq Ft Total) 
Rent: $12,000.00
Lease Terms: Negotiable  
Parking Spaces: 4; Plenty Off Street Parking 
Employees: 8; Willing to transfer under new Ownership 
Seller Training for 30 Days 
Real Estate Value: $3.6M
Original owner of License; Owned for 18 years
No Debts or Liabilities
Assets, Fixtures, Book of Business Included 
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.
 

Asking Price: $699,000.00  (SELLER FINANCING AVAILABLE)

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

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.