5905 Wilshire BlvdLos Angeles, CA 90036
- Retail properties
Property Details for 5905 Wilshire Blvd
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This established Los Angeles cannabis dispensary presents a unique investment opportunity. Boasting $2.5M in 2023 gross revenue and on track for $2.6M in 2024, this business offers significant earning potential. The 1,000 sq ft dispensary space is part of a larger 3,000 sq ft building, providing room for expansion. The current monthly rent is $12,000, with lease terms negotiable. Four on-site parking spaces and ample off-street parking are available. The sale includes the existing business assets, fixtures, and client base. Eight employees are willing to transfer under new ownership, and the seller will provide 30 days of training. The original license holder, operating for 18 years, is offering this debt-free business with no liabilities. The asking price for this turnkey operation is $1,250,000 (seller open to offers). A non-disclosure agreement and proof of financials are required before further details are released. The location is in Los Angeles County, CA, zip code 90036, at 5905 Wilshire Blvd. The license covers retail storefront sales of cannabis and related products.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0638
- Longitude
- -118.359
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].