Retail Cannabis Annually Licensed

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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
No
Is Built Out:
Yes
Has Room For Expansion:
No
Operations Are Needed:
No

**DO NOT CONTACT OR VISIT LOCATION WITHOUT PRIOR CONSENT**

 

 

Annually licensed retail cannabis business for sale.

Open Since 2017

 

 

Asking $2,400,000.00

2018 GROSS SALES: $1,300,000.00

2019 ON TRACK/YTD GROSS: $1,600,000.00

 

Annual State License

City Permit

 

Offering Lease Terms:

$2.25/SF plus NNN

5 year minimum w/options

1,269 SF Torn down and rebuilt new

Option to Purchase Real Estate

 

 

Location:

NEW outdoor amphitheater directly

across street with capacity of 6k

 

Two blocks from brand new Casino construction site

 

Additional Info:

Sale Includes FF&E, all

Intellectual property rights,

website, & 2015 Prius

 

Avg. Daily Customer Count: 92

Avg. Transaction Amnt: $79

9 employees (7 full-time/ 2 part-time)

 

NDA/NCA, PROOF OF FUNDS are required for access to due diligence materials.

2018 and 2019 Balance Sheets, and Profit & Loss

 

 

 

Baddour & Associates Commercial Real Estate Realtors

1401 N. Palm Canyon Dr. Ste. 200, Palm Springs, CA

 

**The above information, while not guaranteed, has been obtained from sources deemed reliable and is subject to change without notice. ALL buyers are required to verify any information and bear all risks for any inaccuracies.

Price: $2,400,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: California, Canada

Recreational: Yes
Medicinal: Yes

Listing Type

  • Dispensary

Terms And Options

$2.25/SF with a 5 year lease and options to extend

 

Real estate not included but can be optioned, please inquire.