Operational Fully Licensed Cannabis Dispensary & Delivery Retail Business For Sale (Cathedral City)

CannaMLS ID: 6096
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Price: $699,000


Listing Details


Listing Category
Dispensary
Home Delivery

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


Price: $699,000

Listing Status: For Sale

Amazing opportunity for a Fully Turn-Key Cannabis Dispensary business in Cathedral City (Population +55k). The business is fully licensed at the local and state level and has been operational for the last Five years. YTD 2021 the business has done $442k+ just from the Retail outlet alone, the business does not have a Delivery license but could be added on by the new owner. This is a very easy process with the city of Cathedral City and could be added during the transfer of the city license. Another growth potential is that the building is also zoned for a consumption lounge, that the new owner could apply for.

Details: 

Total Space: 1,200 SqFt

Rent: $3k/Month

Lease: 3 Yr w/ 3 YR Options

Wholesale Inventory: $23k

Employees: 5

Plenty of Parking

2021 Gross Revenues YTD: $442,676.58

Delivery & Consumption lounge licenses could be added by the new owner

Licenses: 

Retail: Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of 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.

Non-Storefront Retail (Both Uses): Deliver cannabis goods to the end-consumers doorstep.

On-Site Consumption: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a marijuana lounge.  The move gives visitors a place to smoke or eat edibles, since many hotels and rental properties don’t allow for smoking. Similar to alcohol, cannabis can’t be consumed in public places.

 

Asking Price: $699,000.00

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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot 619-770-2699 

Email: elliot@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Cathedral City , California 92234

Date Listed For Sale:
1/13/2022

Date Last Updated:
1/13/2022

Property Details

Pricing Details

Listing Price
$699,000

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