Rare opportunity for a Dispensary, Cultivation and Distribution Business that includes the Real Estate in the city of Perris CA. The building is in a prime location on busy road with plenty of visibility and very close proximity to the 215 Freeway! Perris has a population of over 77k and 2.5 million residents in the county alone. The owner has local approvals in place for the retail and has already invested $500k into the construction and build out to date. The new owner will have to continue the licensing phase along with the buildout in order to be operational. The building is also zoned for Cultivation and Distribution, which the new owner could apply for on their own after the purchase. There are no additional licenses being offered by the city of Perris, adding more value to this opportunity.
Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details:
- Retail Space:1,144 SqFt
- Lot size: .79 Acres
- Local Approvals in place for Retail Only
- Building is also zoned for Cultivation & Distribution (New owner will have to apply for these)
- Buildout: 10,000 square foot tilt up Included in this sale already purchased by seller with plans
- Real Estate is Included in the Asking Price
Licenses:
- Retail: Facility where cannabis, cannabis products, or devices for the use of cannabis 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, cannabis and cannabis products as part of a retail sale.
- Non-Storefront Retail (Both Uses): Deliver cannabis goods to the end-consumers doorstep.
- Distribution: Distribution of cannabis and cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.
- Cultivation: Growing Cannabis
Asking Price: $3.5M
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Drew (619) 653-0483 or email ceo@glbgroupinc.com