Fully Operational Cannabis Dispensary & Delivery Business For Sale Very Desirable City in Riverside County (Riverside County, California) #1241

  • $6,000,000
For Sale Med New Popular Rec Turn Key
Fully Operational Cannabis Dispensary & Delivery Business For Sale Very Desirable City in Riverside County (Riverside County, California) #1241
  • $6,000,000

Business Description

Seize the opportunity to own a thriving cannabis dispensary in one of Southern California’s most sought-after cities in Riverside County. This operational turnkey business has proven to be a lucrative investment, boasting an impressive $10 million in gross revenues for 2023, with a net profit of $2 million. Situated in a prime location within a desirable city, the 5,000 sqft facility is fully equipped and optimized for efficient operations. With a monthly rent of $13,000, this space offers an excellent balance of affordability and visibility. The strategic location within Riverside County ensures a steady flow of customers from a diverse and engaged market, and its 3min off the freeway!

This opportunity is ideal for entrepreneurs looking to enter or expand in the cannabis market, taking advantage of the established customer base and robust financial performance. Don’t miss your chance to own a piece of the thriving cannabis industry in one of Southern California’s most desirable markets. 

 Details: 

  • Space: 5k SqFt
  • Rent: $13,300/Month + NNN
  • Lease: 5YR w/ Options 
  • Employees: 23
  • Parking: Plenty of Parking
  • 2023 Gross Revenues: $10M 
  • 2023 Net Revenues $2M

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, medical cannabis and medical cannabis products as part of a retail sale.
  • Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

 

Asking Price: $6,000,000.00 (Seller Open to Offers) 

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

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Call Drew (619) 653-0483

Email: ceo@glbgroupinc.com

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

Business Details

  • Price: $6,000,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Down Payment Required: $3,000,000.00
  • Gross Revenue: $10,000,000.00
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Drew Mathews, CEO
  • Drew Mathews, CEO