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

Description

Licensed 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 started 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.




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

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