Business for Sale

Compliant Bay Area Medical Marijuana Dispensary

BizEx1025-AK

Background

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:$14,000,000
Down Payment:$14,000,000
Gross Sales:$5,174,323
Discretionary Cash Flow:$2,123,099
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
Gross Sales $ 5,174,323
Gross Profit $ 2,850,363
Disc. Earnings $ 2,123,099

Description

Licensed Medical marijuana Dispensary for sale.

The most successful, established compliant dispensary in the Greater San Jose area. 

Tremendous growth potential now that CA approved recreational cannabis starting January 1, 2018.

This model dispensary is a turnkey establishment and everything that is right in the industry.

Excellent, trained staff.

Broad array of products to assist patients.

Good records.

Licensed delivery service.

Interested parties please register as a buyer at www.bizex.net then contact Arthur Kessler at 310 882-2200 x126.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004