Sold
Greater Sacramento Medical Marijuana Dispensary
BizEx1032-AK
Background
| BizEx ID: | BizEx1032-AK |
|---|---|
| General Location: | Greater Sacramento, CA |
| Category: |
Medical Products & Supplies |
| Years in Business: | 8 |
| Under Present Owner: | 8 |
| Hours of Operation: | 10am-7pm mon-sat; 10am-5pm sun |
| Owner Hours: | varies |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | Partnership |
| Lease Expiration: | 7/2018 |
| Lease Options: | one 2 yr |
| Building Size: | 1900 sf |
| Employees: | 10 |
| Reason for Sale: | retirement |
Financials
| Asking Price: | $6,350,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $5,493,467 |
| Discretionary Cash Flow: | $1,473,040 |
| FF&E: | $25,000 |
| Inventory Included? | No |
| Inventory: | $40,000 |
| Min. Operating Capital: | $90,000 |
| Real Estate Available? | No |
| Rent: | $3,400 |
| Payroll: | $24,500 |
| 2018 | 2017 | |
|---|---|---|
| Gross Sales | $ 5,493,467 | $ 5,953,158 |
| Gross Profit | $ 1,960,536 | $ 2,156,132 |
| Disc. Earnings | $ 1,473,040 | $ 1,746,695 |
