RetailVerified Seller
Cannabis Dispensary & Real Estate in Los Angeles - $699K - 18 Years Established
Los Angeles, California
Asking Price$699,000
Annual RevenueUpon Request
EBITDA / Cash FlowUpon Request
Executive Overview
Seize the rare chance to acquire a profitable cannabis dispensary in Los Angeles, CA, offered at $699,000 with seller financing available. This turnkey business, operated by the original owner for 18 years, boasts a loyal customer base, robust revenues, and the option to purchase the valuable real estate, making it an exceptional investment opportunity.
Key Investment Highlights
- •Asking Price: $699,000 (Seller Financing Available)
- •Outstanding LA location with excellent visibility and access
- •2023 Revenue: $2.5M; 2024 Projected Revenue: $2.6M
- •Dispensary occupies 1,000 sq ft with an additional 2,000 sq ft available for expansion
- •Team of 8 experienced employees willing to remain post-sale
- •Real Estate available for purchase at $3.6M
- •Current rent: $12,000/month; flexible lease terms
- •Parking includes 4 dedicated spaces plus ample off-street options
- •Comprehensive training: seller offers 30 days to ensure a smooth transition
Strategically positioned in a high-traffic area of Los Angeles County, this dispensary leverages its prime location to attract a diverse and growing clientele. The business operates from a modern 1,000 sq ft facility, with immediate potential to expand into an additional 2,000 sq ft, supporting further growth and increased revenue streams. Included in the sale are all assets, fixtures, and an established book of business, as well as the option to acquire the real estate for $3.6M. The current lease terms are negotiable, and the space includes convenient parking for staff and customers.