Turn-Key Dispensary, Consumption Lounge, Delivery & Distribution

Cathedral City, CA (Riverside County)

Turn-Key Dispensary, Consumption Lounge, Delivery & Distribution
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Asking Price: $2,100,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2018

Turn-Key Dispensary, Consumption Lounge, Delivery & Distribution

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Business Description

Turn-Key Dispensary, Consumption Lounge, Delivery & Distribution

If you are looking for a Retail + Consumption Lounge play in the desert this is the opportunity. The Dispensary is currently up and running, turn-key operation they also have a 4.9 Star review on Weedmaps (#1 Marketing platform in the industry). The Dispensary’s projections for 2019 are $1.8m. Addition of the new distribution operation will add a significant percentage of both top line and bottom line performance. Currently the seller has licenses both at the city and state level for Dispensary, Delivery, Consumption and a pending Distribution License (Adult-Use & Medicinal).This offering is rare as this is truly a turn-key opportunity with growth, long-term stability and the potential for continued revenue and profit growth.

Licenses: Retail/Delivery, Consumption, Distribution (Pending)

Details:

Building Space: + 2,600 sqft
Rent: $6,885/mon

Lease: 3 year + (2) 3 year options

Wholesale Inventory: $50,000.00

Number of Employees: 7

Avg Monthly Gross: $149k

Asking Price: $2.1mil

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

Detailed Information

Location:
Cathedral City, CA
Employees:
7
Reason for Selling:
Owner has two shops and is looking to sell this one
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Kelly Kelly

Business Listed By:
Kelly Kelly

GLB GROUP Inc.

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