Business for Sale

Greater Sacramento Medical Marijuana Dispensary

BizEx1032-AK

Background

General Location:Greater Sacramento, CA
Category: Medical Products & Supplies
Years in Business:7
Under Present Owner:7
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:$6,900,000
Down Payment:Negotiable
Gross Sales:$5,953,138
Discretionary Cash Flow:$1,746,695
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

Description

Licensed medical marijuana collective management for sale.

This established, successful premiere cannabis collective is extremely patient friendly.

8 years of service to the Greater Sacramento area at an excellent location.

The highest quality flower, oil, extracts, edibles, beverages, concentrates and seeds are available at very affordable prices. 

Excellent growth potential once CA allows recreational marijuana use in January 2018.

Staff is well trained and performs at a high level.

Good books and records.

Has the latest software as required by State of California.

Huge patient database.

Management wishes to retire.

Interested parties please register as a buyer at www.bizex.net then contact Arthur Kessler at 310 882-2200 x126 or 310 650-7900.


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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