Recreational Dispensary in Riverbank, CA #182

New Med., Rec., Turn Key 

 Dispensary / Posted 1 week ago / 49 views

$2,900,000.00

Recreational Dispensary in Riverbank, CA

We have an amazing opportunity in Riverbank California, Riverbank is a desirable portion of Stanislaus County, Riverbank is about 10 miles from Modesto, CA and there are only 2 Dispensaries in the whole city. Stanislaus County has a population of over 547,000 people.  Located in busy old town Riverbank, in a historical building, opened only for 3 Months and has grossed over $100K. This is a turnkey lucrative Recreational Dispensary and the revenues and profit growth are increasing daily. City and State Temp licenses in hand and they have applied for an annual license. This is a free-standing building, 3300 sqft comes with a five-year lease plus 5 options, 25-year total long term lease. The location also has first right of refusal for another 3300 sqft right above it if the city approves Cannabis Lounge.

Details:

  • City and State Temp Licenses
  • Square Footage:   3300
  • Rent:                      $3875
  • Fixtures:               $60,000
  • Inventory:             $100,000
  • Employees:           9
  • Managers:              2
  • Seller financing available %70 down
  • Gross Revenue since opened (3 Months) $100K
  • City and State Temp Licenses

Asking Price: $2,900,000

For more information please call Lawrence (818) 266-9596

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

  • Lawrence Hormozian, Manager/Marketing Director
  • (818)266-9596 Direct
  • DRE LIC CA # 02077928
  • Green Life Business Group Inc.
  • 2878 Camino Del Rio South Suite 303
  • San Diego, CA 92108
  • www.greenlifebusiness.com
Listing Location

Riverside County,California

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