Compliant Bay Area Marijuana Dispensary

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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




Arthur B. Kessler
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations