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
Building Space: +2,700 sqft
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.