LOS ANGELES, California
| Asking Price |
$6,950,000 |
Year Established |
2019 |
|
| Annual Revenue |
$12,800,000 |
Reason for Selling |
Personal |
|
| Annual P/L |
$185,000 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$225,000 |
Listing Number |
949997 |
|
| # of Employees |
|
Business Category |
Manufacturing: Chemicals |
|
Business Overview:
This cannabis company is a leading provider known for its commitment to quality and innovation in the industry. The brand offers a diverse range of products, including premium flower, pre-rolls, vape, edibles, syrups and concentrates, all crafted with meticulous attention to detail and using sustainable practices. The company has established a strong market presence through its dedication to customer satisfaction, rigorous quality control, and a mission to provide safe, reliable, and enjoyable cannabis experiences.
Property Features and Assets:
<p>This 18k square foot location leases for $17,100 per month (at $0.95/per square foot), on a secure lease that ends in 2024 with one 5-year option.All of the company’s furniture, fixtures, equipment, goodwill and manufacturing and distribution license are included in this sale.<br></p>
Market Competition and Expansion:
<p>This is a highly competition marketplace given the extraordinary growth the California marketplace has experienced. Remaining on top of the market is not only a function of possessing superior product, but perhaps more important, a solid marketing team. Regulatory challenges include access to banking and credit facilities, while continued research and development investment is necessary to remain ahead. <br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity