Business Description
Operational turnkey Cannabis Dispensary and Delivery Business located in the heart of Moreno Valley, CA (Population 208k). This lucrative venture offers a unique opportunity to acquire an operational established dispensary with $1.2M in gross revenue for 2022, and a promising $696k in top-line revenue YTD for 2023! This is from the dispensary alone with no deliveries, representing a greater value. The business boasts a low overhead cost structure, a standout feature in the retail market, coupled with a highly favorable lease rate that’s a rare find. These factors could contribute to an attractive profit margin and a solid foundation for future growth.
The sale includes a fully operational storefront dispensary serving a broad customer base, along with a delivery license that the new owner could take advantage of. The facility is well-equipped, meticulously maintained, and complies with all state and local regulations. Adding to the appeal is the owner’s commitment to a smooth transition. The successful buyer will receive 30 days of comprehensive training from the current owner, ensuring a seamless handover and continued success of the business. The new owner could also establish the delivery component and delivery to consumers not only in Moreno Valley/Riverside County, but even neighboring counties such as LA, OC & SD county.
This is a remarkable opportunity to invest in a booming industry and capitalize on the increasing acceptance and popularity of cannabis products.
Revenues:Â
- 2023 YTD Top Line Revenues: $696k
- 2022 Gross Revenues: $1.2M
Details:Â
- Space: 1,400 SqFt (Retail 700 SqFt)
- Rent: $4,100/Month
- Lease: 2YR’s Left w/ 3YR Options
- Parking Spaces: 20+
- Employees: 6
- P.O.S: Blaze
- Patient/Customers: 6k+
- Wholesale Inventory: $70k
- Training Period: 30 Days
- Low Overhead
- Delivery Could Be Turned on in 30 Days!!!
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: $1,300,000.00 (Seller Open To Seller Financing w/ 50% Down!)
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
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email : eespinoza@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $1,300,000
- Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
- Business Status: For Sale
- Location: California
- Down Payment Required: $750,000.00
- Gross Revenue: $1,400,000.00
- Capital Invested: $875,000.00
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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.
