Active
Licensed LA Cannabis Dispensary in Silverlake
In Metro Los Angeles - Silverlake Zone
Dispensary is available for $1m on an Absentee Owner basis. An experienced management team is already under contract per location.
As with all 200 licenses issued in Los Angeles in various zones throughout the City, this is a social equity license. Per Los Angeles Department of Cannabis Regulations (LADCR) rules, the Social Equity Partner must remain on in an executive capacity and retain an equity stake. The remainder of the equity stake is available to an absentee owner. We have multiple SoCal locations which are branded and managed by us as experienced cannabis retail operators.
Interested parties will need to sign an NDA before receiving additional information on the opportunity. Accredited (High Net-Worth) individuals only please.
Projections under new ownership and with existing management: $5.57m Top-line Revenue, $2.91m Gross Profit, $1.45m EBITDA
Inquire for further information.
Listed By: Omar Kettani
Dispensary is available for $1m on an Absentee Owner basis. An experienced management team is already under contract per location.
As with all 200 licenses issued in Los Angeles in various zones throughout the City, this is a social equity license. Per Los Angeles Department of Cannabis Regulations (LADCR) rules, the Social Equity Partner must remain on in an executive capacity and retain an equity stake. The remainder of the equity stake is available to an absentee owner. We have multiple SoCal locations which are branded and managed by us as experienced cannabis retail operators.
Interested parties will need to sign an NDA before receiving additional information on the opportunity. Accredited (High Net-Worth) individuals only please.
Projections under new ownership and with existing management: $5.57m Top-line Revenue, $2.91m Gross Profit, $1.45m EBITDA
Inquire for further information.
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2022
Reason selling:
To be disclosed upon execution of NDA.
Finance
Sales:
$5,570,090
EBITDA:
$1,058,000
Operations
Employees:
5
Equipment:
N/A
Premises
Facility:
To be disclosed upon execution of NDA.
Location:
Los Angeles, CA
Opportunities
Growth:
To be disclosed upon execution of NDA.
Price and terms
Price:
$1,000,000
Financing:
Seller Financing Available (OAC) $500k Down and balance over 12 months
Training:
To be disclosed upon execution of NDA.