Turn-key, high revenue generating Dispensary for sale in Desert Hot Springs, CA. Licensed for Retail and Non-Store Retail, in process for approval for Cultivation and Manufacturing which the new owner would have to continue. The dispensary is on pace to do over $5 mil in sales this year from retail sales only! The owners have not implemented the Delivery aspect, allowing an immediate greater value for the new operator. Dedicated professional team, great product selection and excellent location.
Details:
- Gross sales in 2020: $5.5mil
- Rent: $7,405/Month
- Lease Terms: Landlord Open to Long Term Lease
- Net Profits: January – September 2020 = $900,000.
- Total Space: 7,740 SqFt
- Space for Cultivation or Manufacturing Space (Needs to be build out): 717 SqFt
- 2020 Net Revenue: $1.2M
Licenses:
- 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.
- 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: $6,000,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Anna Ulezko, DRE CA LIC# 02117699
If you have any questions Call Anna (631) 512-1433 or Eric (858) 245-6324
Or Email: anna@glbgroupinc.com
