Cannabis Microbusiness for Sale in Palm Springs

Cannabis Microbusiness for Sale in Palm Springs

  • Location: Palm Springs, California
  • Asking Price: Call for Offers
  • Rent: $15,000/Month + NNN

Description: 

This fully licensed and operational cannabis microbusiness for sale in Palm Springs, California operates out of a 13,000-square-foot facility on 1.8 acres, offering high freeway visibility and easy access. The business holds active licenses for retail, delivery, distribution, and manufacturing, and is approved under a Conditional Use Permit (CUP) for cultivation, with the buyer responsible for completing the process if desired.

The real estate is available for purchase, or the buyer can lease the facility for $15,000/month + NNN under a 5-year term, with two optional 5-year extensions.

The facility features a fully built-out interior, 30 designated parking spaces, a comprehensive security system, and a trained staff of five employees. The retail and manufacturing operations are turnkey, and the sale includes $100,000 in inventory that is ready for sale.

Seller financing is available. 

License Features: 

  • Total space: 1.8 acres
  • Faciliy space: 13,000 square feet
  • Rent: $15,000/month + NNN
  • Lease: 5-year, with two 5-year options
  • Employees: 5
  • POS: Dutchee
  • Inventory: $100,000 in payables
  • Parking: 30
  • Security: Alarm system, cameras, guard at the door
  • Option to purchase real estate
  • Right off the Interstate 10 freeway
  • Highly visible
Included Licenses: 

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Please note that listings can be sold or withdrawn at any time.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. (1799)