205Listing ID: 272350GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,000,000
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : 619-770-2699

Amazing opportunity for a Fully Turn-Key Cannabis Dispensary business in Cathedral City (Population +55k). The business is fully licensed at the local and state level and has been operational for the last Five years. YTD 2021 the business has done $442k+ just from the Retail outlet alone, the business does not have a Delivery license but could be added on by the new owner. This is a very easy process with the city of Cathedral City and could be added during the transfer of the city license. Another growth potential is that the building is also zoned for a consumption lounge, that the new owner could apply for.

Details: 

  • Total Space: 1,200 SqFt
  • Rent: $3k/Month
  • Lease: 3 Yr w/ 3 YR Options
  • Wholesale Inventory: $23k
  • Employees: 5
  • Plenty of Parking
  • 2021 Gross Revenues YTD: $442,676.58
  • Delivery & Consumption lounge licenses could be added by the new owner

Licenses: 

  • Retail: Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical 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, medical cannabis and medical cannabis products as part of a retail sale.
  • Non-Storefront Retail (Both Uses): Deliver cannabis goods to the end-consumers doorstep.
  • On-Site Consumption: THE NEXT BIG THING IN THE CANNABIS INDUSTRY, you can open up a marijuana lounge.  The move gives visitors a place to smoke or eat edibles, since many hotels and rental properties don’t allow for smoking. Similar to alcohol, cannabis can’t be consumed in public places.

Asking Price: $1,000,000.00

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

Elliot Cardenas, DRE CA LIC# 02138336

Email: elliot@glbgroupinc.com

If you have any questions call Elliot 619-770-2699 

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