Business Description
Great opportunity to acquire a fully turnkey cannabis Distribution business in Palm Springs (Riverside County). The 2,700 Sq Ft facility is fully compliant and ready for a new operator. There are no debts or liabilities on the license and the license was just renewed in June of 2022. The current owner has already taken the necessary steps in order to have the facility be fully compliant with high end security. A fully turnkey business is a great option for someone looking to operate as soon as possible as the current owner has already gone through the lengthy licensing process in order to obtain the State license.
This is a great opportunity for someone looking to expand their footprint in Riverside County while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.
Details:
- Space: Approx. 2,700 Sq. Ft.
- Rent: $7,325
- 5YR Lease is what LL looks for.
- Yearly CAM charge Approx. $700
- No Liabilities
- No Debt
- No Contractor Debt
- No Vendor Debt
- Current on all charges
- License was just paid and renewed in June (Fully Active)
- Full Buildout done and Completed
- Fully TurnKey
- One Roll Up Door.
- Security Cameras and Safe Storage Area.
Licenses:
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
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: $175,000.00
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
If you have any questions call Elliot (619) 770-2699
Email: elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $175,000
- Business Type: Distribution
- Business Status: Pending
- Location: California
