Fully Operational Cannabis Retail & Delivery Business For Sale (Desert Hot Springs, CA)

CannaMLS ID: 6078
Save Listing

Price: $1,325,000


Listing Details


Listing Category
Dispensary
Home Delivery

License Status
Municipal / local license granted
State / annual license granted


Price: $1,325,000

Listing Status: For Sale

Rare opportunity for a Fully Operational Cannabis Retail & Delivery business in Desert Hot Springs, CA. The business has been operating for 3 years now and has a strong presence in the community. The shop averages +$150k/month in gross revenues and is projected to do $2M for 2021 in gross revenues! The building is also zoned for a Cultivation of 99 Plants. Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. Delivery has been on the rise all across the state due to the recent pandemic but also because of convenience, consumers no longer have to leave their home to purchase product.

Details: 

Revenues: On Pace to do $2M in 2021

Total Space: 2,300/SqFt

Rent: $6,100/Month

Lease: Month to Month, In December a 5 Year Lease Commences

Wholesale Inventory: $80k

Employees: 6

Point of Sale: BioTrack

Parking: 8 Spots plus street parking

Patients/Customer Base

Avg ticket #: $45/Order

Marketing: WM & Marketing in surrounding Wellness Resorts

Use: Recreational & Medicinal

Zone for Cultivation of 99 Plants

Licenses:

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or 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, cannabis and 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: $1,325,000.00 (Seller Open to Offers) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Jeff Taylor, DRE LIC CA# 02121244, Drew Mathews DRE LIC CA# 02091143

If you have any questions Call Jeff (619) 218-6575  or Drew (619) 653-0483

Email: jeff@glbgroupinc.com or ceo@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Cathedral City , California 92234

Date Listed For Sale:
1/11/2022

Date Last Updated:
1/13/2022

Property Details

Pricing Details

Listing Price
$1,325,000

Advertising


 

 

Hit the "Contact Listing" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannamls.com

 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company’s website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CannaMLS Inc. and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.