For Sale
$250,000

68700 AveCathedral City, CA 92234

Turnkey Cannabis Business, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This fully operational cannabis dispensary in Cathedral City, CA, presents a unique investment opportunity. Established in 2017, this 1,900 sq ft business boasts annual state licenses for commercial retail and distribution of adult-use and medicinal cannabis. Currently operating as a dispensary, the business also holds unused licenses for delivery and a consumption lounge, offering significant expansion potential. The current monthly rent is $6,300, with lease terms negotiable with the landlord. Ample parking is available on-site. The asking price is $250,000, with the seller open to offers and considering a down payment of $125,000. The sale includes the entire business, existing lease, and all valuable licenses. This is an exceptional opportunity to enter or expand within the thriving cannabis industry. Interested parties must sign a non-disclosure agreement and provide proof of financials before receiving further detailed information.

Highlights

  • 1,900 sq ft space.
  • $6,300 monthly rent.
  • Negotiable lease terms.
  • Ample on-site parking.
  • Unused delivery and consumption lounge licenses.
  • Annual commercial retail and distribution licenses for adult-use and medicinal cannabis.

Property Details for 68700 Ave

Property type

Location Insight

City
Cathedral City
County
Riverside
State
California
Latitude
33.7814119
Longitude
-116.464097
68700 Ave, Cathedral City, California

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68700 Ave
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