Fully Operational Cannabis Dispensary Business For Sale

Fully Operational Cannabis Dispensary Business For Sale (Riverside, California) #1558

Seize the opportunity to own a thriving cannabis dispensary in one of Southern California’s most sought-after cities in Riverside County. For 2024, gross revenues from January to September reached $4.1M. During the same period, net revenues totaled $3.1M. Situated in a prime location within a desirable city, the 5,000 Sq Ft facility is fully equipped and optimized for efficient operations. With a monthly rent of $13,000, this space offers an excellent balance of affordability and visibility. The strategic location within Riverside County ensures a steady flow of customers from a diverse and engaged market, and it’s 3 minutes off the freeway!

This opportunity is ideal for entrepreneurs looking to enter or expand in the cannabis market, taking advantage of the established customer base and robust financial performance. Don’t miss your chance to own a piece of the thriving cannabis industry in one of Southern California’s most profitable markets.

Details:

Space: 5k SqFt
Rent: $13,000/Month + NNN
Lease: 5YR w/ Options
Employees: 23
Parking: Plenty of Parking
2024 Jan-Sept Gross Revenues: $4.1M
2024 Jan-Sept Net Revenues $3.1M
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.
Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.


Asking Price: $2.5M (Seller Open to Offers)

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