Recreational Cannabis Lounge & Dispensary For Sale (Palm Springs) #155

Rare opportunity to acquire one of the first cannabis lounges in California along with a Dispensary. This dispensary is licensed for Adult-Use and Medical cannabis sales on top of having one of the first ever issued lounge licenses in the state of California. The shop is currently grossing $2k a day and growing! The dispensary and lounge have become the go-to place in the desert area for repeat customers as well as an increasing number of new customers as the quality and service the shop and lounge spreads. 

Licenses:

• Retail: Adult-Use, Medical Retailer
• Lounge: Permitted retailers can allow patients or customers to consume cannabis or cannabis products on site in smoking lounges.

Details:

• Total Space: 2,782 sqft
• Rent: $3,200 (Downstairs), $3,500 (Upstairs)  
• Lease:  5 year with a 2 x 5 year option
• Plenty of parking + street parking
• Employees: 3

Asking Price: $2,300,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

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