Licensed Cannabis Dispensary for Sale in Riverside, California - $4.8M+ Annual Revenue & High Visibility

Discover a rare opportunity to acquire a high-performing, fully operational licensed retail dispensary strategically positioned just off the 215 Freeway in the city of Riverside, California. A location that delivers exceptional visibility, heavy traffic flow, and easy customer access. The property spans 3,797 sq ft across two buildings (2,360 sq ft main + 1,437 sq ft secondary), supported by 22 dedicated parking spaces, making it ideal for steady retail volume. The current lease runs through March 2027 with two 5-year extension options at modest 3% annual increases, and monthly rent set at $8,549 gross. A strong, trained team of 16 employees and a reliable Blaze POS system are already in place. The sale also includes approximately $250k in inventory, providing immediate operational continuity.

This dispensary exhibits consistent, robust performance with 2025 YTD gross revenues of $4,856,482 and $673,000 IN EBITDA (actuals through November with December estimated) and growing every year. 2026 PROJECTED EBITDA TO BE OVER $1,000,000. These impressive financials demonstrate stability and strong consumer loyalty, supported by its premier freeway-adjacent location and established operational infrastructure. The two-building configuration also offers flexibility for scaling retail operations, expanding product offerings, or adding complementary services.

With California’s cannabis market continuing to mature, marked by increasing consumer demand, expanding product categories, and ongoing industry consolidation, well-positioned dispensaries with strong revenue history stand to benefit significantly. This Riverside location, combining high traffic flow, operational efficiency, and proven financial performance, presents a standout opportunity for both seasoned operators and new entrants seeking a turnkey asset in one of California’s most high-potential retail corridors.

Revenue’s:

2025 YTD Gross Revenues: $4,856,482

$673,000 in Ebitda

2026 PROJECTED EBITDA TO BE OVER $1,000,000!

Details:

Total Space: 3,797 Sq Ft (2,360 Sq Ft Main Building & 1,437 Sq Ft Secondary Building)

Rent: $8,549/Month (Gross)

Lease Terms: Present – March 2027 (With 2x 5-year Extensions Available at 3% Increases)

Employees: 16

POS: Blaze

Parking Spaces: 22

Inventory Included in the sale: ~$250K

Fully Operational

Located Right Off the 215 Freeway!

License:

Retail Storefront – Facility where cannabis, cannabis products, or devices for the use of cannabis or 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: $1,950,000.00

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 LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

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