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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

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.