Fully Operational Retail Storefront for Sale – Maywood, CA

Details

Listing #4945

Asking Price: $1,400,000

• Located off a main throughway
  • Approximately 30,000 car count
  • Great foot traffic
• Upside in revenue
  • Current operator is making very few deliveries, if any
  • Gross Revenue on track for $2,714,892 for the 2024 year, without excise and sales tax, reflecting a 1.94x Gross Revenue Multiplier
• Long term lease in place that buyer will assume
  • Approximately 800 SF Unit
  • Monthly Rent: $7,000
• Limited competition
  • Neighboring cities do not have any cannabis dispensaries or delivery businesses
  • Maywood has only approved 5 retail licenses, of which only 4 are still valid

Meilad Rafiei – License# 01788589 – WeCann

Ryan Dowse – License# 02074994 – WeCann