Recreational Retail Dispensary & Delivery For Sale (Desert Hot Springs)#205

New Med., Rec., Turn Key 

 Dispensary / Posted 3 weeks ago / 110 views

$1,800,000.00

Dispensary on pace to do $3mil in Sales !!!

Rare opportunity to acquire a Dispensary that is on pace to Gross $3mil in sales for $1.8mil, the Sellers are asking for a .6x Gross Evaluation for their business. This is one of the best cannabis Dispensary and Delivery in a prime location in Desert Hot Springs. A Freestanding building off of the main street with 7 parking spots and plenty of street parking. This dispensary is licensed for Adult-Use and Medicinal cannabis sales. The dispensary has an attached empty room that could be used for a lounge once Desert Hot Springs allows Cannabis Lounges in the future as Palm Springs, or the buyer can apply to get a Micro Business License to operate out of.  This Dispensary has become the go-to place in the desert area for repeat customers as well as an increasing number of new customers. All Cannabis Facilities require a Conditional Use Permit and all of the required public hearings, permits, and approvals. This Dispensary has its license in place, established in 2016. This particular dispensary is known for its amazing customer service, high-quality products, and great atmosphere. This is an up and running shop and is a fully functional and turn-key operation.

  • Detailed Information:
  • Inventory: $150,000 (included in price)
  • Employees: 8 Persons
  • Annual Gross: On pace to do $3mil in Sales
  • Square Footage: 2097 sqft
  • Parking Spots: 7
  • Lease: $3,000/ Month
  • Lease Options: 5 Year plus 2 X 5 Year Options
  • Support & Training: Seller to provide 15 Days of Training  
  • Reason for Selling: Focusing on another aspect of the industry

Asking Price: $1,800,000.00

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

If you have any questions 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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