Moreno Valley Cannabis Dispensary & Delivery Business For Sale #393

New Med., Rec., Turn Key 

 Dispensary Retail Storefront with Delivery / Posted 3 weeks ago

$5,500,000.00

Turn-Key Cannabis Dispensary & Delivery business for sale in Moreno Valley. Moreno Valley is located in Riverside County and is part of the San Bernardino-Riverside Metropolitan Area. The city has undergone massive growth and it is the second-largest city (+200k Residents) in Riverside County by population, and one of the Inland Empires population centers. The business has been operating for less than a year is already averaging $342k/Month in gross revenues from both the store and delivery. The dispensary has a solid team in place which handles almost everything from logistics, marketing, customer service and administrative tasks. This is a truly well managed business, offering an easier transition for the new owner where the current model in place can help the new owner scale the company. The delivery only has a delivery radius of only 10 Miles, new owners could expand that to go into the LA, OC and SD markets.

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.

Details:
  • Space: 2,145 SqFt
  • Rent $7,000/Month
  • Lease: 5 YR w/ 5 YR Option
  • Assigned Parking: 35 Parking Spots
  • Employees: 25
  • Point of Sale System: GreenBits
  • Avg Ticket Numbers: Store- $55/per order, Delivery $50/per order
  • Avg Monthly Gross Revenues: $342k
License: 
  • 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. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

cannabis dispensary, cannabis retail, cannabis delivery, marijuana delivery, Marijuana Brokers, Cannabis Broker, Marijuana real estate brokerage,