Profitable Operational Dispensary with Strong Financials

$ 4,700,000
add to favorites
active

Miklos Campuzano

Phone:858-925-4553
Email:[email protected]

Contact Me

Property Enquiry

  • This field is for validation purposes and should be left unchanged.

Your search results

Property Description

Listing 4577

Asking Price: $4,700,000

Operational Dispensary

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.

Highlights

  • Priced to Sell (Price is supported by the financials, TI’s and Inventory)
  • Excellent Top & Bottom Numbers
  • Based ona 0.75 Gross Revenue Multiplier
  • 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

Term of Purchase

  • Asking Price: $4,700,000

Miklos Campuzano – Cannabis Real Estate Consultants – DRE# 02072292

Documents
State/County:
Country: United States
Property Id: 34152
Price: $ 4,700,000
Property Size: 729 ft2
Property Status: active

Similar Listings

Compare