Greater Sacramento Medical Marijuana Dispensary

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Background

BizEx ID:BizEx1032-AK
General Location:Greater Sacramento, CA
Category: Medical Products & Supplies
Years in Business:8
Under Present Owner:8
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:$6,350,000
Down Payment:Negotiable
Gross Sales:$5,493,467
Discretionary Cash Flow:$1,473,040
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

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

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