Wilson Meade is proud to present a fully licensed cannabis dispensary and delivery company, Mother Earth’s Farmacy for sale.
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%)
• 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.