Our Featured Listing this week at Greenlife Business is a fully licensed dispensary in Cathedral City Ca,   This dispensary is set up for both medical and recreational use.  This is a huge opportunity with California on the eve of fully legal recreational use of cannabis products.  Here is a bullet list of the most salient features:

  • Permitted dispensary w/ ability to operate Recreational January 1st
  • Dispensary and Delivery Permit
  • Delivery Permit can deliver to palm springs, Cathedral City, Rancho Mirage, La Quinta
  • Recent monthly sales growth of 15%+ /month for last two months
  • Dispensary is 1,400sq ft
  • Rent $3,500/mon, 10 year lease
  • On pace to do $750K for year 1 (Medicinal only)
  • Proforma recreational sales of $3.0M+ with 30%-40% profit margin (pre vertical integration)
  • $75,000 in wholesale inventory
  • 2,000 Patients
  • Strong management team set in place
  • Favorable lease terms in place with ability to extend
  • Amazing Cathedral City location with plenty of traffic

Asking Price: $2,500,000.00 

You must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

If you want more information on how to buy a cannabis business please call Drew at 619 653 0483 or Noe at 619 451 4222

 

 

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