Pre-ICO Cannabis Dispensary for Sale in Los Angeles

Pre-ICO Cannabis Dispensary for Sale in Los Angeles

  • Location: Los Angeles, California
  • Asking Price: $349,000
  • Monthly Rent: $7,500 (Negotiable) + NNN

Description:

This fully operational pre-ICO cannabis dispensary for sale in Los Angeles operates out of a 1,280-square-foot building under a 10-year lease with a 5-year option to extend. The business includes three clone rooms, a Produce420 POS system, and six dedicated parking spaces. The seller reports that the business is on pace to generate approximately $700,000 in revenue for 2025. The dispensary employs four to six staff members and includes $20,000 worth of inventory in the sale.

Seller financing is available, and seller is open to offers.

Business Features:

  • Space: 1,280 square feet
  • Rent: $7,500 (negotiable) + NNN
  • Lease: 10-year, with 5-year option to extend
  • Employees: 4-6
  • Parking: 6 spaces
  • POS: Produce420
  • Inventory: $20,000
  • Pre-ICO license

Included Licenses:

  • Retail Storefront
  • Non-Retail Storefront
  • Pre-ICO: Medical marijuana dispensaries that were open before September 14, 2007, when the Medical Marijuana Interim Control Ordinance (ICO) went into effect.

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Please note that listings can be sold or withdrawn at any time.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.

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. (1870)