Deeply Discounted Retail Dispensary Opportunity

Riverside County, CA

Deeply Discounted Retail Dispensary Opportunity
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Asking Price: $600,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2016

Deeply Discounted Retail Dispensary Opportunity

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Business Description

Terrific opportunity to own and operate a cannabis dispensary in Riverside County, for a deeply discounted price. This operating and fully licensed dispensary is well located in a retail area, has ample parking and the ability to expand within the operating premises.
Excellent for existing operators looking to expand or to add a depot location. Ideal for experienced, retail oriented investors. All interested parties will be asked to execute a NDA and show POF. This is a cash only purchase; no notes or stock. Buyer will be responsible for broker commission.

Detailed Information

Location:
Riverside County, CA
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
2
Facilities:
Price includes the first year's rent prepaid for 1,000 square feet of retail. Buyer and Seller will need to agree on the terms of a lease following the first year.
Competition:
This dispensary is located a main street, in a heavily retail area. It is adjacent to a shopping center and a gas station, and close to chain retail stores and restaurants. Although it is just off a busy city intersection, it is easy to access and has plenty of parking. Prominent signage could be added to enhance marketing.
Growth & Expansion:
A buyer can lease an additional 1500 square feet of retail space in the building, which could be used for expansion, delivery operations and/or a tasting lounge. The building and land are available for purchase. The discounted purchase price facilitates the allocation of buyer capital for appropriate upgrades to the existing retail space and the expansion of marketing efforts.
Financing:
Cash only; no seller financing.
Support & Training:
Seller willing to train, if needed, during the ownership transition.
Reason for Selling:
Leaving the industry to pursue other opportunities.
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Contact the Seller

(from currently available funds)
 
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Clint Sheer

Business Listed By:
Clint Sheer

Cannabis Business Brokers, Inc.

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Sponsoring Broker:
Karen Muller

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