CannaMLS ID: 11336
Cannabis Retail Facility for sale in Palm Springs, CA 92264
Operational Retail Store Front, Strong Financials, Optional Lounge
Created | Updated
Price
$ 5,400,000
Turnkey Operational retail store front in Palm Springs. The business is generating stable income throughout the year with increases during seasonal upticks in t
- Property
- Licenses
- General
Property
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 10,000
Building size (sq ft): 2,000
Turnkey Operational retail store front in Palm Springs. The business is generating stable income throughout the year with increases during seasonal upticks in tourism. The optional lounge could be expanded with the right lease of an additional suite. The dispensary is located in a commercial area with many anchor retail stores, residential and the international airport. The current operator has built a strong brand in this great location with a strong management, marketing, and customer base.
Financials, address, and due diligence available upon approved buyer and after signing NDA and providing proof of funds.
Priced to Sell (Price is supported by the financials, TI’s and Inventory)
Excellent Top & Bottom Numbers
Operational for over one (1) year
Well established brand (that can be kept, pending additional negotiations).
$10,000/m rent
2000 sq ft space
Additional Space for Expansion (subject to landlord)
$650,000 in TI’s
$550,000 in Inventory
Employees can stay
Strong sales especially during season peaks
- Property
- Licenses
- General
Property
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 10,000
Building size (sq ft): 2,000
