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Operational Dispensary/Consumption Lounge/Delivery

Cathedral City, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 894636

Listed On April 29, 2025 View Count 13

Listing Updated May 16, 2025

Price :
$1,250,000(Price Reduced)
Business Overview :
Gross Revenue:
$1,000,000
Year Established:
2017
Number of Employees:
5
Inventory Included:
No
Estimated Value of Inventory:
$120,000
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$525,000
Outstanding Liabilities & Debts:
No
Growth and Expansion Opportunities:
The lounge have recently opened in December is is already having weekly and daily successful events and pushing sales in the dispensary. Great name recognition. A definite plug and play for you to take it to next level.
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use, Medical
License Activities:
Retail / Dispensary , Delivery, Onsite Consumption
Business Location Details :
Business Location:
Leased
Rent:
$7,100
Facility & Tenant Improvements:
The 1800 sq ft sales floor includes nice matching sales cabinets and two security stations and 3 POS stations. Best of all it has a custom epoxy floor. The office with security monitors, commercial color copy machine/large group desk. The inventory room has tall, steel matching/locking cabinets/additional lockable cabinets/desktop computer/large safe/window POS check out with custom recycled glass countertops through out the 3000 sq ft. There are two really nice ADA bathrooms. The staff breakroom has fridge/cabinets/stainless steel industrial sink. Building the lounge created more real estate you will own, not be paying rent on it when you buy the license. The very low lease is assumable at my current rate (with deposit) and another 5 year extension. The lounge gets audible oohs and ahhs! Its a two level open concept with 21 ft ceiling and clerestory windows and big stacking windows ceiling to floor. 12 ft Dab Bar with custom recycled glass bar top/fridge/sink/storage cabinets/vintage cabinet/mid century etarge/freezer/snow cone machine.
Number of Parking Spaces:
14
City Cannabis Tax Rate:
5%
Size:
3,000 Sq. Ft.
Utilities:
Electricity, City Water, Sewer, Garbage
Terms :
Financing:
Cash, Owner Financing
NDA Required:
Yes
Support & Training Offered:
full vetting of financials and NDA and name/location of company/LLC needed. serious only
Reason for Selling:
worn out lol. pandemic, city regulations, taxes and getting ready to retire is why iam putting it on the market. totally ready to be taken to next level. must see to appreciate the look, feel, and vibe.
Company Overview :
Description :

Established High End boutique dispensary and lounge and delivery. 3000 sq ft facility on a busy street with great street appeal. 50/50 owner financing. Established dispensary, (delivery service not implemented), with unique  consumption lounge that is hosting community events and rents as a private venue. The Lounge opened end of December 2024 and currently hosts several events monthly attended mostly by locals. Includes a delivery license. Nice big social presence. Zero debt for buyer.

Additional available; brand, inventory, 2 websites (dispensary on-line store and Lounge), 5 functioning social media accounts. The online store is not feed by Weedmaps but by GrowFlow POS and Metrc. The City has just recently announced a moratorium on all types of cannabis licenses. 

Rent is $7100 and includes NNN!! Cant find a lower lease for 3,000 sq ft. 4 years left on lease with 5 year additional. Lease will be assumed at current lease rate with deposit. No negotiating against a higher lease terms.

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