Operational Cannabis Dispensary Retail Business (Riverside, CA) #1445

City of Riverside

Great opportunity to acquire an Operational Cannabis Dispensary in Riverside County, CA. The owners have invested over $1M into the business, TIs, licensing, etc. The Dispensary is fully operational and has a state Annual License as well as its local licenses, representing a greater value for the new owner. The business comes with the book of business, leasehold, etc. The great thing about the City that its located in is a limited licensed market, capping the licenses and preventing market saturation.

Details:

Space: 4,998 Sq Ft
Rent: $10K Per Month
Sellers Invested Over $1M into the business
Limited License Market
License:

Annual Adult Use & Medical Annual Commercial Retailer: Facility where cannabis, cannabis products, or devices for the use of Recreational and/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.

Asking Price: $999,000.00 (Seller Open to Offers)