Cannabis Medical Dispensary Delivery Business

CannaMLS ID: 1875
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Price: $4,900,000


Listing Details


Listing Category
Dispensary
Home Delivery

Medical
YES


Price: $4,900,000

Listing Status: For Sale

Amazing Dispensary for Sale in Riverside County!

Turn-key cannabis Dispensary in Riverside County with Real Estate Option. It is a Medicinal Dispensary located in the city of Perris. Recreational license PENDING. Riverside County no longer allows new applicants for Retail Dispensary locations, this means that there is a cap on dispensary licenses in the county now. The Dispensary has had major growth in revenues from $250k in November, 2018 to now averaging over $400k/mon in the last 4 months !!! The shop has accrued a strong patient base best known from their patients to have the best customer service and wide selection of products. This shop comes fully stocked with $250k of wholesale inventory for the new operator. This Dispensary also has the capabilities to do deliveries but has not set up the infrastructure yet and this shop is zoned where they can obtain Cultivation, Manufacturing or Distribution licenses as well. The owners currently have remodel plans approved but no work has started. The Real Estate is valued at $2 MLN (1 Acre Lot) and can be used for Cultivation, Manufacturing or Distribution.

Gross Numbers 2018:

May- $80k
June- $105k
July- $130k
August- $160k
September- $190k
Oct- $195k
Nov- $250k
Dec- $340k

Gross Numbers 2019:

Jan- $381k
February- $370k
March- $392k
April- $390k
May- $408k
June- $401k
July- $403k
August- $445k

Details:

Licensed for Medicinal Retail & Delivery (Can obtain Cultivation, Manufacturing or Distribution licenses)

Wholesale Inventory: $250,00.00

Dispensary Space: 1,500 sqft

Real Estate can be purchased: Valued at $2mil (In addition to asking price)

Asking Price: $4,900,000.00

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


Listing Details

Listing Status
For Sale

Location
Perris, California 92571

Date Listed For Sale:
11/6/2019

Date Last Updated:
4/3/2020

Property Details

Pricing Details

Listing Price
$4,900,000

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