Wilson Meade is proud to present a fully licensed cannabis dispensary and delivery company, Mother Earth’s Farmacy for sale.
Business: $975,000.00
Terms: Cash*
Operational since 2017 with good standing City and State permits with no owed back taxes or expenses. The dispensary is located in a stand-alone, single story retail building (+/- 1,269 SF) fronting Cathedral Canyon Drive, one block from Highway 111. Layout consists of a waiting/reception area, retail floor, employee break room, managers office, product storage room with two safes. Included in the sale is all FF&E, including but not limited to safes, security systems, display cases, POS equipment, phones, computers and servers, televisions, furnishings, artwork and +/- $100,000 in inventory.
2019 Gross Revenue: $1,112,149 (no delivery)
2020 Gross Revenue: $1,353,658 (no delivery)
YoY Change: $241,509.00 INCREASE (21.7%)
HIGHLIGHTS
• Current moratorium for new dispensaries in Cathedral City South of the I-10.
• Located across the street from City Hall and brand new outdoor amphitheater hosting multiple events throughout the year.
• Located one block from newly constructed and now open Agua Caliente Casino.
• Included is delivery license with properly licensed and permitted 2015 Toyota Prius with all state required modifications including GPS, built-in trunk safe and refrigerator.
• Long term upside as cannabis industry becomes more accepted and even considered an “Essential Business” during current COVID pandemic.
