Cannabis dispensary start-up opportunity in the city of Lake Elsinore. This is one of the Inland Empire’s fastest growing cities, with new housing and rental properties emerging all across the city. Lake Elsinore is also surrounded by major cities like Corona, Menifee, Murrieta & Temecula all of which have a combined population of over 500+ Residents that the business could deliver to.The owner has a Conditional Use Permit in hand for Recreational (Adult Use) & Medical License for Retail and Delivery. Currently the building is 1,200 Sq.Ft. and the owner has plans for a new 1,800 Sq.Ft. facility to be built after the existing building is torn down. The new operator would have to continue the licensing and building procedures.
Cannabis Retailers have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries & deliveries to remain open. Just as pharmacies are allowed to do, they are open for pickup or home delivery, home delivery is strongly encouraged. Now Dispensaries and cannabis deliveries are deemed critical!
Lot Size: .29 ACRES
Current Building Space: 1,200 Sq. Ft.
New Building Space: 1,800 Sq. Ft.
Real Estate is Included in the Asking Price
Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
License: Retailer Non-Storefront License: Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Asking Price: $1,200,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.