Cannabis Dispensary for Sale in Riverside

Cannabis Dispensary for Sale in Riverside

• Location: Riverside County, California
• Asking Price: $250,000
• Monthly Rent: $13,000/Month + NNN

Description:

This cannabis dispensary for sale in Riverside, California operates from a 5,000-square-foot facility located just three minutes from the freeway, offering convenient access and high visibility.

The seller reports projected 2024 gross revenues of $3.3 million and net revenues of $2.2 million. As part of the transaction, the buyer will assume existing liabilities.

License Features:

• Space: 5,000 square feet
• Rent: $13,500/Month + NNN
• Lease: 5 years with option to extend
• Employees: 23
• Ample parking
• 2024 YTD gross revenues: $3.3M
• 2024 YTD net revenues $2.2M
• Buyer to assume liabilities

Included Licenses:

• Retail Storefront
• Retail Non-Storefront

How Wicker Law Group Can Assist You: As your trusted legal partner, Wicker Law Group offers comprehensive services, including:

• Drafting and negotiating purchase agreements
• Providing guidance to achieve compliance with California cannabis regulations
• Facilitating entity formation and corporate bylaws or operating agreements
• Navigating cannabis licensing requirements
• Conducting due diligence
• Managing escrow requirements

Please note that listings can be sold or withdrawn at any time. To get more details, a non-disclosure agreement (NDA) and proof of financials are required. Contact Wicker Law Group to explore this cannabis business opportunity and receive expert legal guidance throughout the acquisition process.

Are you looking to invest in the cannabis industry? Wicker Law Group offers expert legal representation for purchasing licensed cannabis businesses in California. Our extensive network and industry knowledge connect buyers with premium cannabis business opportunities. (1714)