Rare opportunity for a Fully Operational Cannabis Retail & Delivery business in Desert Hot Springs, CA. The business has been operating for 3 years now and has a strong presence in the community. The shop averages +$150k/month in gross revenues and is projected to do $2M for 2021 in gross revenues! The building is also zoned for a Cultivation of 99 Plants. Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. Delivery has been on the rise all across the state due to the recent pandemic but also because of convenience, consumers no longer have to leave their home to purchase product.
Details:
- 2021 Gross Revenues: $1,786,855.00
- Total Space: 2,300/SqFt
- Rent: $6,100/Month
- Lease: Month to Month, In December a 5 Year Lease Commences
- Wholesale Inventory: $80k
- Employees: 6
- Point of Sale: BioTrack
- Parking: 8 Spots plus street parking
- Patients/Customer Base
- Avg ticket #: $45/Order
- Marketing: WM & Marketing in surrounding Wellness Resorts
- Use: Recreational & Medicinal
- Zone for Cultivation of 99 Plants
Licenses:
- Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or 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, cannabis and 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.
Asking Price: $999,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Jeff Taylor, DRE LIC CA# 02121244, Drew Mathews DRE LIC CA# 02091143
If you have any questions Call Jeff (619) 218-6575 or Drew (619) 653-0483
Email: jeff@glbgroupinc.com or ceo@glbgroupinc.com
