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Luxury Medical Marijuana Dispensary For Sale
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Retail > Other Retail




Business Summary

This is a medical marijuana pot dispensary for sale - it opened in October 2009 after 4 months of construction on the commercial property we leased. The name of the dispensary is Healthy Wealthy and Wise or H2W (h2w.org). We have been featured on Fox News, Telemundo, Al Rojo Vivo, March Issue 2010 of High Times Magazine, the upcoming season 4 premiere of Million Dollar Listings and all over the internet.

We are rated the nicest weed dispensary in California. We have invested well over $500k into this company. It is now to the point where it is cash flow even, meaning it pays for all of its own bills from the lease, to employees, to product, to advertising etc. It averages $2k in revenue daily 7 days a week with some days reaching $4k+. It is raising quickly as well. Thats $60k+ a month

The lease was entered into June 2009. It is a 3year lease with two one year options to renew. The lease is $8500 a month. It is approximately 2600sq ft on la cienega blvd in one of the hottest areas of west hollywood in restaurant row. With this purchase you get absolutely everything with this company. It is currently running and 100% turn key. If you choose to keep our current staff they run it completely and all that is required of you is to keep the doors open, keep paying them, and pick up your profit daily. :)

We have 5 plasma tvs on site, a 900sq ft lobby, 600sq ft dispensary, and 900 sq ft office space in the back with a grow room on site that is able to produce roughly $10k-15k/month in product monthly at wholesale rate. Selling it in the dispensary nets you even more. There are 6 computers on site, a custom POS system, cash drawers, safe, 24 camera security system, strikered doors and more.

With over 1500 unique patients on file we are the quickest growing dispensary in LA even with all the competiton.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $750,000
Cash Flow:   $100,000
Cash Flow Type:  EBITDA
Inventory:  Over $100,000.
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiable but 1-6 months of full time training.
Reason For Selling:  I own many internet companies and my time is most valuable there.

Photos

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Luxury Medical Marijuana Dispensary For Sale Photo 1 Luxury Medical Marijuana Dispensary For Sale Photo 2 Luxury Medical Marijuana Dispensary For Sale Photo 3




Print Listing Id: 700125035
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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