, California 23 views 0 favorites
In desirable location of Atwater Village/Eaglerock Dispensary is available for $1.2m 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: $8.66m Top-line Revenue, $3.91m Gross Profit, $2.45m EBITDA Seller Financing OAC with $800k Down and balance over 12 mos. Inquire for further information. Location: Los Angeles, California Year Established: 2020 Number of Employees: 15 Facilities: To be disclosed after NDA Market Outlook/ Competition: To be disclosed after NDA Growth & Expansion: To be disclosed after NDA
Listed: Apr 21, 2022
Updated: 4 days ago
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