Cannabis Retail Storefront for sale in CA 92877

Fully Operational Cannabis Dispensary Business For Sale W/ Option To Purchase Real Estate (Corona, California) #1585

Take advantage of this rare opportunity to own a fully operational cannabis dispensary in Corona, CA (Pop 160k). With a cutting-edge build-out spanning 6,790 SqFt of retail space, this business generated an impressive $3.8M in gross sales last year. The dispensary boasts a loyal customer base of 74,000 patients, including 57,500 returning clients, and is fully stocked with 1,700 SKUs! Operations are streamlined through the Meadow POS system, ensuring efficiency and customer satisfaction. Currently the owner is not doing deliveries by launching the dormant delivery service the new owner could easily add $1M in annual revenue.

With $800K invested in the build-out and a skilled team of 10 employees, this dispensary is primed for immediate takeover and long-term growth. Plus, the option to purchase the real estate makes this a solid investment for the future.

Gross Revenues:

Last 12 Month’s Gross Revenue: $3.8M

Details:

Space: 6,790 Sq Ft

Rent: $23,411.40/Month (NNN)

Lease term: 10 Yr w/ 8 YR Remaining & (2) 5 YR Options

POS System: Meadow

Inventory SKU’s: 1,700 In Stock

Employees: 10

Number of Patients/Customers in the Database: 74K

Returning Patients/Customers: 57.5K

Option to Purchase Real Estate

Retail Delivery Non Operational -Could Generate Additional $1M in Annual Revenue

State Of The Art Build Out

License:

Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.

Asking Price: $1.999M (Seller Open To Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Andrew Mathews, DRE CA LIC #02091143 

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions Call Drew (619)- 653-0483 &  Elliot (619)-770-2699

Email: ceo@glbgroupinc.com, elliot@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.