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Profitable Operational Dispensary with Strong Financials

CannaMLS ID: 7489
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Price: $4,700,000

Listing Details

Listing Category
Dispensary
Home Delivery

License Status
Conditional use permit granted
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Price: $4,700,000

Listing Status: For Sale

Well established retail store front in Palm Springs, located near multiple hotels, resorts, restaurants and bars. The traffic in the immediate area drives locals, tourists and the bottom-line income alike.  Open for 2 years, the new owner will inherit a thriving business as well as a great team of employees, inventory 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 two (2) years
  • Well established brand (that can be kept, pending additional negotiations).
  • $4,000/m rent
  • 762 sq ft space
  • $300,000 in TI’s
  • $450,000 in Inventory
  • Employees can stay
  • Strong sales especially during season peaks


Listing Details

Listing Status
For Sale

Location
Palm Springs, California 92264

Date Listed For Sale:
10/3/2022

Date Last Updated:
10/3/2022

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
729 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$4,700,000

Property Lease Rate
$4,000/month

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