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Cannabis Medicinal Dispensary
Location: United States -> California -> Northern California - All Northern California -> El Dorado County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Here we have an amazing fully turn key opportunity in El Dorado County, the dispensary is currently estimated to gross over 7 million this year. The dispensary has been in operation for 7 years.

What separates them from the other dispensaries is that they provide the highest quality medication for the most affordable exchange along with offering a wide variety or edibles, beverages, concentrates and top shelf quality flower.

Another pillar to their success is their knowledgeable budtenders, patients can spend 90% or more of their time in-store interacting with just one person: the budtender, which is why this position is probably the most important one inside a dispensary. The best budtenders are passionate about cannabis, exceptionally knowledgeable about the products, and thrive on providing great customer service.

2X Gross Revenue is Fair Market Value, however, there are plenty of sellers that try and sell their business on their own who want closer to 3 to 3.5Xs Gross Revenue because it is the ''Cannabis Gold Rush, but 2X's is very fair market value.


Shop Details:

Medicinal Cannabis permit/State Temp
Retail Space: 4,000 sqft
Rent: $3,500/mon
8 Employees


Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Kay Akel, BRE CA# 02061374

If you have any questions call Kay's assistant at (619) 653-0483


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $6,000,000
Cash Flow:   $1,000,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  45 days training provided by the seller.
Reason For Selling:  Retiring




Print Listing Id: 700324864
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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