CannaMLS ID: 11328
Profitable Cannabis Dispensary For Lease in Palm Springs, California
Profitable Operational Dispensary with Strong Financials
Palm Springs, CA 92264
Created | Updated
Price
$ 4,700,000
Profitable cannabis dispensary for lease in Palm Springs, California. Well-established retail storefront with strong sales in a prime tourist area.
- 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: $ 4,000
Building size (sq ft): 729
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
- 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: $ 4,000
Building size (sq ft): 729
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