Cannabis Dispensary/Delivery License – Hollywood

Cannabis Dispensary/Delivery License for Sale in North Hollywood, CA

Are you looking to invest in the cannabis industry? Wicker Law Group offers expert legal representation for purchasing licensed cannabis businesses in California. Our extensive network and industry knowledge connect buyers with premium cannabis business opportunities.

Cannabis Dispensary/Delivery License for Sale in North Hollywood, CA:

• Location: North Hollywood, CA
• Asking Price: $1.5M
• Monthly Rent: $5,100/Month

Description:

A 700 square foot cannabis dispensary located in North Hollywood, that has been operational since 2015. Seller reports a 2024 YTD gross revenue of $1.3M, offering insight into the market and potential for continued growth. The dispensary currently has 1 year remaining on the lease, with an option to extend the lease for an additional 5 years.

License Features:

• 4 employees who are available to continue working
• POS: “MEDA”
• 3 parking spaces for employees, ample street parking for customers
• 2024 Gross revenue YTD: $1.3M
• 2024 Net revenue YTD: $820K
• Seller is open to financing with an offer of 50% down

Included Licenses:

• Retail Storefront
• Retail Non-Storefront

How Wicker Law Group Can Assist You: As your trusted legal partner, Wicker Law Group offers comprehensive services, including:

• Drafting and negotiating purchase agreements
• Providing guidance to achieve compliance with California cannabis regulations
• Facilitating entity formation and corporate bylaws or operating agreements
• Navigating cannabis licensing requirements
• Conducting due diligence
• Managing escrow requirements

Please note that listings can be sold or withdrawn at any time. To get more details, a non-disclosure agreement (NDA) and proof of financials are required. Contact Wicker Law Group to explore this cannabis business opportunity and receive expert legal guidance throughout the acquisition process.