Business Description
Presenting a fully built out and operational cannabis dispensary with the delivery business included, located in Palm Springs, CA (Pop 45k+) with the Real Estate available for sale! Spanning 2,200 SqFt, the business is located in a prime area with 8 assigned parking spaces plus additional street parking. The real estate that is available for sale, has been appraised at $970K! The new owner is getting a fully operational dispensary and delivery business for an amazing price!
What truly sets this opportunity apart is the fact that the business is completely free of debt and liabilities, a rare find in today’s competitive cannabis market. With no pending litigation and all assets included in the sale, this is a turnkey operation ready for a new owner to step in seamlessly and begin operations. The included annual retail storefront license with delivery allowing the new owner to expand services and increase the businesses revenues. The existing book of business provides an established customer base, making this a low-risk and high-potential investment.
Palm Springs Recently Reduced Their Retail Cannabis Tax From 10%-5%
Details:
- Space: 2,200 SqFt
- Rent: $5,000/Month
- Assigned Parking: 8 Assigned + Street Parking
- Book of business – Included
- All Assets Included Sale
- RE Value: Appraised at $970K
- No Debt or Liabilities
- No Pending Litigation
- Buyer can Seek for a Traditional Loan for the Real Estate
- Real Estate is Available for Sale
- Price is for Business Alone
- Seller is Open to Offers
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: $100,000.00 (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
Tom Milks, DRE CA LIC# 02064305
If you have any questions Call Tom (619) 972-5952
Or Email : tom@glbgroupinc.com
Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business opportunity.
Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.
Business Details
- Price $100,000
- Business Type Dispensary Retail w/ Delivery, Real Estate Property
- Business Status Sold
- Location California
- Capital Invested $1,400,000.00
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