Greater Sacramento Medical Marijuana Dispensary
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Background
| BizEx ID: | BizEx1032-AK |
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| General Location: | Greater Sacramento, CA |
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| Category: |
Medical Products & Supplies
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| Years in Business: | 8 |
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| Under Present Owner: | 8 |
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| Hours of Operation: | 10am-7pm mon-sat; 10am-5pm sun |
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| Owner Hours: | varies |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | Partnership |
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| Lease Expiration: | 7/2018 |
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| Lease Options: | one 2 yr |
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| Building Size: | 1900 sf |
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| Employees: | 10 |
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| Reason for Sale: | retirement |
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Financials
| Asking Price: | $6,350,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $5,493,467 |
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| Discretionary Cash Flow: | $1,473,040 |
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| FF&E: | $25,000 |
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| Inventory Included? | No |
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| Inventory: | $40,000 |
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| Min. Operating Capital: | $90,000 |
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| Real Estate Available? | No |
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| Rent: | $3,400 |
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| Payroll: | $24,500 |
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|
2018 | 2017 |
| Gross Sales |
$ 5,493,467 | $ 5,953,158 |
| Gross Profit |
$ 1,960,536 | $ 2,156,132 |
| Disc. Earnings |
$ 1,473,040 | $ 1,746,695 |
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
