Recreational Cannabis Lounge & Dispensary For Sale (Palm Springs) #155
Popular Med., Rec., Turn KeyDispensary Retail Storefront with Delivery / Posted 2 years ago
$2,300,000.00
Rare opportunity to acquire one of the first cannabis lounges in California along with a Dispensary. This dispensary is licensed for Adult-Use and Medical cannabis sales on top of having one of the first ever issued lounge licenses in the state of California. The shop is currently grossing $2k a day and growing! The dispensary and lounge have become the go-to place in the desert area for repeat customers as well as an increasing number of new customers as the quality and service the shop and lounge spreads.
Licenses:
- Retail: Adult-Use, Medical Retailer
- Lounge: Permitted retailers can allow patients or customers to consume cannabis or cannabis products on site in smoking lounges.
Details:
- Total Space: 2,782 sqft
- Rent: $3,200 (Downstairs), $3,500 (Upstairs)
- Lease: 5 year with a 2 x 5 year option
- Plenty of parking + street parking
- Employees: 3
Asking Price: $2,300,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Drew (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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