Business Description
This is a great opportunity to acquire a locally approved cannabis Storefront and Delivery Business license located in Riverside County. The current locally approved license is located in tax friendly Coachella Valley. Coachella Valley currently has very low competition and very low cannabis taxes adding a greater value. The new owner would need to continue the licensing and buildout process in order to become operational. The current locally approved business sits on a 2,000 Sq. Ft. facility that has easy freeway access and is strategically near major markets such as Palm Springs, Cathedral City, and Desert Hot Springs.
This is a great opportunity for someone who is looking to target Riverside County with exceptionally low taxes, a multi state operator or someone who is looking to enter the industry.
Details:
- Space: 2,000 Sq. Ft.
- Rent: $12,000/Month
- LOW TAXES
- Local Approval for Medical and Recreational delivery and storefront
- CUP Location: Coachella Valley
License:
- 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.
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: $199,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE LIC CA #02138336
Drew Mathews, DRE LIC CA #02091143
If you have any questions Call Elliot at 619-770-2699 or Drew at 619-653-0483
Email : elliot@glbgroupinc.com or 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: $199,000
- Business Type: Dispensary Retail w/ Delivery, Retail
- Business Status: For Sale
- Location: California
