Listing ID : 811384
Listed On June 21, 2024 31
Listing Updated June 21, 2024
Take this rare opportunity to purchase a fully operational retail storefront license in the City of Corona! The business has been operating for about 12 months, and is one of only 8 retail storefront businesses currently open in the City. The City of Corona is the gateway to Riverside County from both Orange County and San Bernardino County. The 91 Freeway alone captures nearly all of the commuter traffic that commutes from OC to the Inland Empire. Combined with the demand from its own constituents, Corona is a great city for a dispensary. This operator’s sales are trending upwards, and on pace to hit $3 million in PRE-TAX gross revenue for 2024. This business is priced to sell, contact me for more details!
- Commuter Traffic: 300K vehicles per day cross the Riverside – Orange County line
- Population: 160K approximatelyMedian Income: $89K approximately
- Building Size: 10,000 SF approximately
- Good Parking: 20 stalls
- Room to Expand: Building also qualifies for non-retail licenses
- Lease Terms: Buyer to sign a new leaseMonthly Rate: $2.50 per SF ($25,000) + NNN3% bumps annually
- Term: 5 years w/ 2 options to extend
- Business Sale Price: $1,495,000
NDA will need to be executed for additional information.
Listing Highlights
Attachments
-
Cannabis & Hemp Banking
-
Buy or Sell a Business on BizTrader
Listings You May Also Like
International Drive, Orlando, FL, USA
**Exclusive Opportunity to Own a Premier Dispensary in Bayamón, Puerto Rico!** This is your chance to own one of Puerto Rico’s most sought-after
New York, NY, USA
Unique opportunity to acquire a Retail Cannabis License in New York. The New York adult-use market is projected to grow to $2 Billion by 2026! This s
Los Angeles, CA, USA
The opportunity being presented involves acquiring a portable Pre-ICO License in the city of Los Angeles, California. The portable license offers flex
Carson City, NV, USA
This is an excellent opportunity for someone looking to establish or expand their production and distribution business in Carson City Nevada. The lice