Listing ID : 425504
Posted on December 8, 2023 3
Great opportunity for a fully operational Dispensary, Cultivation and Distribution business in the heart of Northridge, CA. Northridge is a neighborhood in the San Fernando Valley region of the City of Los Angeles. This business generated $2.6M in gross revenues last year and is on pace to generate over $3.4M this year. This is an incredible opportunity for any group looking to expand or enter in the Los Angeles Cannabis Market! All 3 licenses are currently in use and operational.
The dispensary is fully licensed and compliant with all local and state regulations. It features a wide selection of high-quality cannabis products, including flowers, edibles, concentrates, and more. The cultivation facility is state-of-the-art, with advanced lighting, irrigation, and climate control systems to ensure optimal growing conditions. The distribution arm of the business is also thriving, with a large and loyal customer base. The business has established relationships with top cannabis brands and suppliers, ensuring a steady flow of high-quality products.
The location is in a prime area, with easy access to major highways and a large and diverse customer base. Current ownership is willing to provide training and support to ensure a seamless transition of ownership. This is a rare opportunity to acquire a profitable business in one of the fastest-growing industries in the Mecca of the Cannabis Industry, Los Angeles.
2023 On Pace: $3.4M
Total Building Space: 8,470 SqFt (3k Is Canopy Space)
Lights: 153 LEDs
Grow is On Main Floor
Avg Annual Lbs Produced: 1,000-1,400/YR (Strain Dependent)
Avg Sale Price Per LB: $1k-$1,200/Unit
Provisional Licenses in Hand
All 3 Licenses are in Use
Retail- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Distribution- Move cannabis and cannabis products between cultivation, manufacturing or distribution premises. Move finished cannabis goods to retail premises. Provide storage services to other licensees. Arrange for testing of cannabis goods. This license also allows the distribution facility to have a micro license capable of packaging space for all products (Type P) as well as a Delivery ability direct to consumer as well as a nursery/cultivation facility.
Cultivation Adult-Use-Specialty Indoor- 501 to 5,000 square feet of canopy.
Asking Price: $3,250,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE LIC CA# 02091143
If you have any questions Call Drew at (619) 653-0483
Or Email : firstname.lastname@example.org
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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