Unique Cannabis Delivery Opportunity

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Background

BizEx ID:BizEx1408-AK
General Location:Los Angeles, CA
Category: Convenience Stores
Amusement & Recreation
Years in Business:4
Under Present Owner:4
Hours of Operation:8am-9pm seven days
Owner Hours:3 hours per week
Training:3 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:2022
Lease Options:two 3 year
Building Size:2400 sf
Employees:4
Reason for Sale:Owner's health

Financials

Asking Price:$225,000
Down Payment:Negotiable
Gross Sales:$168,000
Discretionary Cash Flow:Call
FF&E:$50,000
Inventory Included?No
Inventory:$50,000
Min. Operating Capital:$85,000
Real Estate Available?No
Rent:$4,800
Payroll:$5,200
Financing:Seller

Description

Excellent cannabis zone location.

Hundreds of apartments within a very short distance.

Terrific lease with 420 friendly landlord.

Seller has architectural plans approved by the City.

Steel security doors.

Buyer needs to obtain delivery license and do minor build out.

Interested parties please register as a buyer at www.bizex.net then call Arthur Kessler at 310 650-7900 to learn more about this unique opportunity.


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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
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