Rare opportunity for a licensed Dispensary in Van Nuys that has individual licenses for Retail, Cultivation and Distribution. The shop is currently grossing $256k per month, high foot traffic volume (200 visits). The Dispensary has become the go-to place for a large amount of repeat customers as well as an increasing number of new ones as word of mouth spreads about the quality of meds available.
The cannabis market is competitive, but with the turn of the year licensed owners will see a very strong market position due to regulation enforcement and the closure of non-licensed facilities. Revenues are expected to increase in the next 12 months due to these changes being carried out by the state in 2019.
This is NOT a Micro-license each is an individual license.
-Grossing $265,000 per Month
?-200 people a day (Rough number,Verifiable by POS system)
-$50 average ticket
-4000 sq ft
-$2 per sq ft
-Lease term flexible
-37 bloom lights on site
Asking Price: $6,600,000.00 (Seller will NOT accept any offer under $6.6 MLN)
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 Kays’ assistant (619) 653-0483
About the Sale
Reason For Selling:
Moving to another aspect of the industry.