Business Description
Great opportunity to acquire a locally approved cannabis Retail Storefront and Delivery License in a highly desired market. The current owner has local approvals for Retail Storefront and Delivery. The CUP stands on a 3,313 Sq. Ft. facility that has approved site plans adding a greater value. A new owner would need to complete the buildout in order to get the facility up to code and finish the state licensing process. This is a great opportunity for an operator to break ground under a clean canvas. In 2022 MSO’s and operators are taking advantage of clean canvas opportunities in order to begin operations and work on build outs that fit their business model. Lake Elsinore is known by many operators as a desired high demand market.
This is a great opportunity for an operator who is located in Riverside County and is looking to move operations into a great location geared towards exposure and sales or someone looking to expand their footprint in the Riverside Cannabis Market while also taking advantage of the very nearby major markets.
Details:
- Space: 3,313 Sq. Ft.
- Total Lot Space: 1.34 Acres
- Lease: TBD
- Approved Site Plans
- CUP Approved for Retail Storefront/ Non-Storefront Retail
- Highly Demanded Location
- Plenty of Parking
Licenses:
- Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of 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, cannabis and cannabis products as part of a retail sale.
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $499,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE CA LIC# 02138336
Drew Mathews, DRE CA LIC #02091143
If you have any questions call Elliot (619) 770-2699 or Drew (619) 653-0483
Email: elliot@glbgroupinc.com or ceo@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
Business Details
- Price: $499,000
- Business Type: Dispensary Retail w/ Delivery, Retail
- Business Status: Pending
- Location: California
