Turn-key, high revenue generating Dispensary for sale in Desert Hot Springs. Well known in the community despite there being little to no marketing, in business over a year, and with several opportunities to expand and grow. Licensed for Retail and Non-Store Retail, in process for approval for Cultivation and Manufacturing which the new owner would have to apply for. The dispensary grew 17% in average sales for the year 2020 with an average of $380,000 gross sales per month and it’s on pace to do over $5 mil in sales this year from retail sales only! The owners have not implemented the Delivery aspect, allowing an immediate greater value for the new operator. Dedicated team, fantastically rated products and excellent location.
Gross sales: on pace to do over $5mil in 2020
Total Space: 7,740 SqFt
Cultivation or Manufacturing Space: 717 SqFt
Lease Terms: Landlord Open to Long Term Lease
Licenses: Retail & Delivery In Hand
Uses: Recreational & Medicinal
Plenty of Parking
On Pace to do $5.5M for 2020 !!!
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.
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: $5,500,000.00 (Seller Financing Available)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.