CannaMLS ID: 19142

Licensed Cannabis Retail, Delivery & Consumption Lounge for Sale in Cathedral City, California

Dispensary/Consumption Lounge/Delivery

Cathedral City, CA 92234

Created  | Updated 

Price

$ 685,000

Silver listing

Licensed cannabis dispensary, delivery, and consumption lounge business for sale in Cathedral City, CA. Turnkey with established revenue & events.

listing image

Property

  • Property is: For lease

  • Property type: Retail

  • Purchase price: $ 685,000

  • Monthly lease rate: $ 7,005

  • Zoning: industrial

  • Building size (sq ft): 3,000

  • Ceiling height (ft): 21

  • Parking spots: 14

High end boutique dispensary and delivery and consumption lounge (3000 sq ft) located on a busy street. Well established dispensary with newly opened consumption lounge. Consumption Lounge has 8 monthly events that take place and half occur 2x a month. Great community events attracting locals and visitors. See AtomicLabLounge.com for more info and pictures of events. The 1800 sq ft sales floor includes nice matching sales cabinets and two security stations and 3 POS stations. Best of all it has a custom epoxy floor. The office with security monitors, commercial color copy machine/large group desk. The inventory room has tall, steel matching/locking cabinets/additional lockable cabinets/desktop computer/large safe/window POS check out with custom recycled glass countertops through out the 3000 sq ft. There are two really nice ADA bathrooms. The staff breakroom has fridge/cabinets/stainless steel industrial sink. Building the lounge created more real estate you will own and not be paying rent on it when you buy the license. The lease is assumable at my current rate ($7068 mo. includes NNN) and another 5 year extension. The lounge gets audible oohs and ahhs constantly! Its a two level open concept with 21 ft ceiling and clerestory windows and big stacking windows ceiling to floor. Dab Bar with custom recycled glass bar top/fridge/sink/storage cabinets/vintage cabinet/mid century etarge/freezer/snow cone machine/high end couches and Did I mention it has a restored phone booth for a hot box?

Extra: Brand. Social Media. Websites. Inventory. We have great social media presence with 5 accounts total (2-FB/2-IG/2-TikTok. Also have 2 websites (one with built in store from POS not weed maps). This price pays off all existing PSGC INC debt. Its a great plug and play opportunity to take it to the next level. We have been operating at 60% capacity since the pandemic. Our sales reflect that. Total monthly fixed and variable operating costs = approx $27K. Includes everything except inventory (rent, ins, utilities, employee wages, etc)

Contact Seller

Report a problem

Your session has expired. Please log back in to use the features that require an account such as posting listings and messaging.