SOCAL RETAIL OPPORTUNITY: 3 OPERATIONAL STOREFRONTS & 1 PRE-OPERATIONAL LOCATION (0.39 x Net Sales | 2.4 x EBITDA)

$ 14,000,000
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Jason Piazza

Phone:(949) 682-5867
Email:[email protected]

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Property Description

Listing 4558

***HUGE PRICE DROP ***

Exclusive WeCann Listing

Step into a dream cannabis business. A major Southern California cannabis retailer is selling its 4 locations!

Check out the coverage map of these four stores!! Huge delivery footprint with 200+ drivers. Potential to buy stores individually, or package as you please.

**Pricing based on multipliers of Net Sales and Net Income (EBITDA):

Net Sales = Gross receipts minus all non-federal taxes and refunds
EBITDA = NOI excluding federal taxes and local cannabis tax
TTM = Trailing Twelve Months

Income from Santa Ana, Vista, and Encino:

  • 2022: Net Sales $35,250,496 | EBITDA $5,820,240
  • 2023 Projected Net Sales: $30,850,000
  • TTM Net Sales: $35,821,002

Pricing Multipliers:

  • 2022: 0.4 x Net Sales | 2.41 x EBITDA
  • 2023 Projected: 0.45 X Net Sales
  • TTM: 0.39 x Net Sales

VALUE ADD: La Mesa Storefront Retail Location

  • 30-60 days from becoming operational
  • Estimated Value: $2,500,000

Sale Also Includes:

  • Huge database of clients
  • All IP, branding, employees, vehicles, and equipment are included

$$ TAKE OVER OPERATIONS AND START MAKING MONEY TODAY $$

Terms of Purchase

  • Asking price: $14,000,000

Jason Piazza – License# 01405965 – WeCann


 

Eligible for Fundcanna Financing!

FundCanna is a cannabis lender that offers a variety of financing options to cannabis businesses. Their financing solutions are short-term, typically 12 months or less, and are based on the borrower’s projected or actual revenue. FundCanna financing programs are also offered to business owners with a consistent revenue stream. Payments are based on a percentage of the borrower’s revenue, and FundCanna’s financing products do not require collateral.

Documents
State/County:
Zip: 92701
Country: United States
Property Id: 33874
Price: $ 14,000,000
Property Status: active

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