Cannabis Retail, Cultivation & Distribution Businesses for Sale

Posted November 19, 2024 in Cannabis Business Opportunities

Cannabis Retail, Cultivation & Distribution Businesses for Sale in Los Angeles County, 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 Retail, Cultivation & Distribution Businesses for Sale in Los Angeles County, CA:

  • Location: Los Angeles, California
  • Asking Price: $4.5M
  • Monthly Rent: $51,500/Month

Description:

This location is a 10,000-square-foot facility in Sun Valley, California. It is a fully operational cannabis business offering licensed dispensary, cultivation, and distribution operations. Because each license is individually held, the business is not classified as a microbusiness.

In 2023, the combined businesses generated $11.5 million in gross revenue and $1 million in net profit. The cultivation facility is fully automated, equipped with 230 LED lights, and produces an average of two harvests per month. The distribution operation includes a secure and dedicated space with a roll-up door for enhanced security and efficient logistics.

Altogether, this facility is a turnkey opportunity for operating in California’s regulated cannabis market.

Overall Business Features:

  • 10,000 square feet
  • Ceiling height: 22’
  • Training provided by seller for 30 days
  • Option to purchase property for an additional $6M

Included Licenses:

  • Retail:
    • 2,200 Square feet
    • POS: “Meadow”
    • 16 Employees
    • A customer/patient list of 60,000+
    • A wholesale inventory worth $165k
    • Although a delivery license is issued, it is not currently operational
  • Cultivation:
    • The facility is 7,000 square feet and can be expanded into Distribution
    • Power: 600 amps
    • POS: “Distru”
    • Lights: 230 LED (180 flower & 50 veg)
    • Flower rooms: 4 (3 double stacked)
    • Employees: 3
    • Harvests per month: 2
    • Fully automated
  • Distribution:
    • 1,500 Square feet
    • POS: “Distru”
    • Roll-up door
    • (1) Mercedes Sprinter
    • Employees: 3

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.