170
Price : $2,500,000
Listing Type : Retail Sales/ Dispensary
Company Name : Green Life Business
Phone : 619 653 0483

Fully licensed Medical/Recreational Storefront in Cathedral City 

This is an amazing opportunity to enter California’s fastest growing industry !

  • Permitted dispensary w/ ability to operate Recreational January 1st
  • Dispensary and Delivery Permit
  • Delivery Permit can deliver to palm springs, Cathedral City, Rancho Mirage, La Quinta
  • Recent monthly sales growth of 15%+ /month for last two months
  • Dispensary is 1,400sq ft
  • Rent $3,500/mon, 10 year lease
  • On pace to do $750K for year 1 (Medicinal only)
  • Proforma recreational sales of $3.0M+ with 30%-40% profit margin (pre vertical integration)
  • $75,000 in wholesale inventory
  • 2,000 Patients
  • Strong management team set in place
  • Favorable lease terms in place with ability to extend
  • Amazing Cathedral City location with plenty of traffic

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

 

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