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LA Cannabis Dispensary (SoFi Stadium Adjacent Zone) – Seller Financing

$ 2,000,000
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The highly-rated strain of medical marijuana 'Blue Dream' is displayed among others in glass jars at Los Angeles' first-ever cannabis farmer's market at the West Coast Collective medical marijuana dispensary, on the fourth of July, or Independence Day, in Los Angeles, California on July 4, 2014 where organizer's of the 3-day event plan to showcase high quality cannabis from growers and vendors throughout the state. A vendor is seen here responding to questions and offering a whiff of the strain 'Skyjack'. AFP PHOTO/Frederic J. BROWNFREDERIC J. BROWN/AFP/Getty Images

Overview

  • Updated On:
  • September 17, 2021

Details

The business is a legally licensed medicinal and adult-use cannabis dispensary in the LA Department of Cannabis Regulations zone near the newly constructed SoFi Stadium and Hollywood Park Casino.

$2m purchase price with $500k down and balance in installments over 12 months (OAC). Projected full ROI within 2 years.

Interested parties will need to sign an NDA before receiving additional information on the opportunity. Accredited (High Net-Worth) individuals only please.

This business is a social equity licensee and as such the CEO of the entity will need to remain the social equity applicant pursuant to the rules of the LA Department of Cannabis Regulations.

Projections under new ownership and with existing management group currently under contract: $12.22m Top-line Revenue, $5.081m Gross Profit, $4.1m EBITDA

State/County:
Country: United States
Country: United States
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Property Id : 21054
Price: $ 2,000,000
Year Established: 2020
# of Employees: 15
Gross Revenue $: 5,081,000
EBITDA $: 4,100,000
Financing Details: $500K down

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