Verified Equity Applicant looking for an investment of $1,000,000 to open a retail dispensary in San Francisco. I am verified to open a Cannabis Retail Dispensary In San Francisco with first priority permitting.
San Francisco Cannabis Company LLC (“The Shoppe”) is a Recreational and Medical Cannabis Dispensary & Lounge launching in San Francisco in Spring 2021. To be designed and operated as a luxury cannabis boutique, The Shoppe will use this attractive location as a launch pad for a new cannabis lifestyle brand with the potential to add additional locations and franchising.
Projected Revenue
Year 1 Year 2 Year 3
Revenue- $8,030,000.00 $9,125,000.00 $10,950,000.00
COGS(30%)- $2,409,000.00 $2,737,000.00 $3,285,000.00
Gross Profit- $5,621,000.00 $6,388,000.00 $7,665,000.00
SG&A(15%)- $843,150.00 $958,200.00 $1,149,750.00
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EBITDA- $4,777,850.00 $5,429,800.00 $6,515,250.00
Fed+CalTax(30%)- $1,433,355.00 $1,628,940.00 $1,954,575.00
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Net Income-$3,344,495.00 $3,800,860.00 $4,560,675.00
Founder
Thinh Tran, Equity Applicant, CEO, Operations Director
As the Equity Applicant, I am the catalyst for the priority-processing permit in San Francisco. Outside of that role, I bring twelve years experience in management in both the cannabis and restaurant sector. I helped launched cultivation and dispensary operations in Mendocino County, Humboldt County, and Garden Grove, California.
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