Turn-Key Dispensary, Consumption Lounge, Delivery & Distribution Licenses (Cathedral City)

CannaMLS ID: 1615
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Pricing Details

Full Buy Out Price:
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Buy In Price:
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Ownership Percentage:

Property Details

Has Buy-in Option:
No

Owner willing to carry 50% !!! $800k down gets you in the door!

If you are looking for a Retail + Consumption Lounge play in the desert this is the opportunity. The Dispensary is currently up and running, turn-key operation they also have a 4.9 Star review on Weedmaps (#1 Marketing platform in the industry). The Dispensary’s projections for 2019 are $1.8m. Addition of the new distribution operation will add a significant percentage of both top line and bottom line performance. Currently the seller has licenses both at the city and state level for Dispensary, Delivery, Consumption and a pending Distribution License (Adult-Use & Medicinal).This offering is rare as this is truly a turn-key opportunity with growth, long-term stability and the potential for continued revenue and profit growth.

Licenses: Retail/Delivery, Consumption, Distribution (Pending) License

Details:

Building Space: +2,700 sqft

Rent:  $7,443/mon

Lease: 3 Year + (2) 3 Year Option

Wholesale Inventory: $30,000.00

Number of Employees: 7

Avg Monthly Gross: $149,000.00/ 1.8M Year

 

Asking Price: $1.6M ($800k down gets you in the door!)

(Under 1 X Gross Plus the Value of the Consumption Lounge, and A Distribution License)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

 

https://greenlifebusiness.com/acadp_listings/turn-key-dispensary-consumption-lounge-delivery-distribution-licenses-for-sale-cathedral-city/

Price: $1,600,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Cathedral City , California 92234

Recreational: Yes
Medicinal: Yes

Listing Type

  • Distribution
  • Dispensary
  • Home Delivery