TurnKey Limited License Market Cannabis Dispensary & Delivery Business For Sale (Riverbank, CA)

CannaMLS ID: 9397
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Price: $750,000


Listing Details


Listing Category
Dispensary
Home Delivery

License Status
Municipal / local license granted
State / annual license granted


Price: $750,000

Listing Status: For Sale

Rare opportunity to acquire a Fully turnkey cannabis retail dispensary and delivery business in a strategic and limited license market in the city of Riverbank, California. Riverbank is strategically located between the city of Stockton and Modesto where an operator can not only take advantage of retail storefront sales with local customers in a city that has a retail cap of two operators but can also increase marketing and market share for delivery sales and target large nearby markets. 

This is a great opportunity for an operator who is located near Riverbank and is looking to move operations into a great location geared towards exposure and sales, someone looking to expand their footprint in the Riverbank Cannabis Market while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.

Details: 

Space: 3, 294 SF

Lease: $6,105 per month

Estimate for renovations and improvements to the building: $250,000

Active City and State License 

Riverbank has a retail cap, no more than (2) retailers allowed in the City 

Cannabis tax is 4% gross receipts with a $3,000 per month minimum

Fully installed and operational security equipment, including CCTV, fobs, and panic buttons

Furnished with paintings, tables, desks, and chairs 

Licenses:

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.

Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

 

Asking Price: $750,000.00

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

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 or Assistant (619) 592-2291

Email: ceo@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Riverbank, California 95367

Date Listed For Sale:
5/18/2023

Date Last Updated:
5/19/2023

Property Details

Pricing Details

Listing Price
$750,000

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