Turn key Palm Springs cannabis dispensary. Adult use and medical

CannaMLS ID: 4270
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Pricing Details

Full Buy Out Price:
$2,500,000
Buy In Price:
$250,000
Ownership Percentage:
10 %

Property Details

Property Is Leased:
Yes
License Is Movable:
Yes
Real Estate Is Included:
Yes
Has Buy-in Option:
Yes
Facility Is Built Out:
Yes
Has Room For Expansion:
Yes
Operations Are Needed:
No

Turn-Key Cannabis Dispensary & Delivery business for sale, located in Palm Springs CA. The Dispensary has been in operation almost a year and is already averaging $195k/month in gross revenues. The Real Estate is also included and zoned for Cannabis Cultivation that the new owner would have to apply for. The seller also does billboard marketing along with WeedMaps, getNugg and Leafly. Security personnel contract can be re negotiated with new owners to keep armed guards on site for a safe and secure working environment.

Cannabis Dispensaries have been labeled essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing dispensaries to remain open. Just as pharmacies are allowed to do, they are open for pickup. Now Dispensaries and cannabis deliveries are deemed critical! COVID-19 has been detrimental to many businesses all across the state, however cannabis businesses were labeled an essential business and like many recession proof businesses they have prospered exponentially during these times.

Price: $2,500,000

Listing Status: For Sale

Details

Date Listed For Sale: 10/14/2020
License Type: c10

Location: palm springs, California 92262

Recreational: Yes
Medicinal: Yes

Listing Type

  • Dispensary
  • Home Delivery



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