Recreational Dispensary in Riverbank, CA

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

We have an amazing opportunity in Riverbank California, Riverbank is a desirable portion of Stanislaus County, Riverbank is about 10 miles from Modesto, CA and there are only 2 Dispensaries in the whole city. Stanislaus County has a population of over 547,000 people.  Located in busy old town Riverbank, in a historical building, opened only for 3 Months and has grossed over $100K. This is a turnkey lucrative Recreational Dispensary and the revenues and profit growth are increasing daily. City and State Temp licenses in hand and they have applied for an annual license. This is a free-standing building, 3300 sqft comes with a five-year lease plus 5 options, 25-year total long term lease. The location also has first right of refusal for another 3300 sqft right above it if the city approves Cannabis Lounge.

Details:

  • City and State Temp Licenses
  • Square Footage:   3300
  • Rent:                      $3875
  • Fixtures:               $60,000
  • Inventory:             $100,000
  • Employees:           9
  • Managers:              2
  • Seller financing available %70 down
  • Gross Revenue since opened (3 Months) $100K
  • City and State Temp Licenses

Asking Price: $2,900,000

 

DRE LIC CA # 02077928

Price: $2,900,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Riverbank, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, ANY/ALL, Canada

Recreational: Yes
Medicinal: No

Listing Type

  • Dispensary