Compliant Bay Area Marijuana Dispensary
BizEx1025-AK
Background
| BizEx ID: | BizEx1025-AK |
|---|---|
| General Location: | Greater San Jose, CA |
| Category: |
Medical Products & Supplies |
| Years in Business: | 8 |
| Under Present Owner: | 6 |
| Hours of Operation: | mon-sat 8am-10pm; sun 9am-9pm |
| Owner Hours: | varies |
| Training: | 3 weeks @ 20 hours |
| Organization Type: | C-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 2000 sf |
| Employees: | 19 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $9,750,000 |
|---|---|
| Down Payment: | $9,750,000 |
| Gross Sales: | $4,554,186 |
| Discretionary Cash Flow: | $1,907,932 |
| FF&E: | $15,000 |
| Inventory Included? | No |
| Inventory: | $250,000 |
| Min. Operating Capital: | $100,000 |
| Real Estate Available? | Yes |
| Rent: | $8,000 |
| Payroll: | $44,000 |
| Financing: | Buyer |
| 2017 | 2018 | |
|---|---|---|
| Gross Sales | $ 5,174,323 | $ 4,154,186 |
| Gross Profit | $ 2,850,363 | $ 1,864,029 |
| Disc. Earnings | $ 2,123,099 | $ 1,907,932 |
