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 |