Compliant Bay Area Marijuana Dispensary
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Background
| BizEx ID: | BizEx1025-AK |
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| General Location: | Greater San Jose, CA |
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| Category: |
Medical Products & Supplies
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| Years in Business: | 8 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | mon-sat 8am-10pm; sun 9am-9pm |
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| Owner Hours: | varies |
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| Training: | 3 weeks @ 20 hours |
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| Organization Type: | C-Corp |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 2000 sf |
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| Employees: | 19 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $9,750,000 |
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| Down Payment: | $9,750,000 |
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| Gross Sales: | $4,554,186 |
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| Discretionary Cash Flow: | $1,907,932 |
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| FF&E: | $15,000 |
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| Inventory Included? | No |
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| Inventory: | $250,000 |
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| Min. Operating Capital: | $100,000 |
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| Real Estate Available? | Yes |
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| Rent: | $8,000 |
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| Payroll: | $44,000 |
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| Financing: | Buyer |
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|
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 |
Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
OFF MARKET
