Profitable Cannabis Dispensary & Lounge Business for sale in Palm Desert area.
Excellent location with over 27,000 daily car traffic, good reputation and over 5000 returning customers. This store has a tremendous opportunity and much upside potential. Spacious location with plenty of parking and experienced team.
The business is licensed for retail sales and lounge.
Details:
– 4,000 sqft space,
– Lease $6000 NNN,
– New owner will sign new lease,
– Great location with over 27,000 daily car traffic,
– Over $1.2M in sales in 2022 with an absentee ownership,
– Aking Price: $900,000.
Licenses:
Retail Storefront: sells cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products 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.
On-Site Consumption: Cannabis lounge allows visitors to stay to smoke or eat edibles, since many hotels and rental properties don’t allow smoking. Like alcohol, cannabis can’t be consumed in public places.
Must sign an NDA/Waiver and provide Proof of Funds before any other detailed information is released, along with the business location.
