Price Drop – Los Angeles Turnkey Retail Dispensary Business for Sale Generating $8.5M+ Per Year

Details

Listing 1029

 Asking Price: $8,500,000  

Well established East Los Angeles (between Glendale and Pasadena) dispensary doing $8,500,000+ in retail sales per year and growing. It is also licensed for delivery, but is currently not utilizing this license. Nearing renewal period for lease which allows relocation to another location or renewal at the current location.

Licenses in Los Angeles are highly sought after, and those generating revenue are even more rare. This is a great opportunity for a flagship store, which possesses the ability to build out your brand in the heart of the SoCal market.

Details

• Total Building Sqft: 1,800
• Appr. Land Acreage: 1
• Licensed: Yes
• License Type: Retail; Delivery  – Recreational/Medical
• Operational: Yes

Term of purchase

• For Sale: $8,500,000
• Real estate not included

Steve Bermudez – Cannabis Real Estate Consultants – DRE#02116483