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

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:
No
Has Room For Expansion:
No
Operations Are Needed:
No

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‚Äôs 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)

Details:

Building Space: + 2,600 sqft

Rent: $6,885/mon

Lease: 3 year + (2) 3 year options 

Wholesale Inventory:  $50,000.00

Number of Employees: 7  

Avg Monthly Gross: $149k 

 

Asking Price: $3.25mil 

 

Price: $3,250,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Cathedral City , California 92234

Recreational: Yes
Medicinal: Yes

Listing Type

  • Distribution
  • Dispensary
  • Delivery