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.