Posted on May 8, 2023 / 206Listing ID: 555315APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Banking
Price : $1,875,000
Status : ACTIVE
Size : 20,880
Lot Size (Acres) : 2.55
Power (AMPS) : 1,600 Amps @ 480V
Cannabis or Hemp Use Allowed? : Cannabis
Current Cannabis Business License? : Yes
License Type : Medical
Utilities : Water, Electricity, Gas, Trash
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : Disclosed after Signed NDA
Phone : 859-797-1377

HUGH PRICE CUT as Owners need to sell to fund new start up in Illinois and Connecticut. State of the art, OMMA and Metrc compliant 19,582 SF indoor grow operation and 1,298 SF Office / property on 2.55 acres for sale located just 20 min from Tulsa in Kellyville, OK.  Our company and property are currently licensed, operational, and cash flow positive. It was designed by an award-winning cannabis grower for efficiency and scalability. We are selling this business and property for $1,875,000 or Best Offer which is $565,000 less than the value of all assets.

Property and Buildings appraised for $2,000,000. (Appraisal Attached below with more pictures)

Equipment at used prices is $340,000 (Equipment list attached below)

Cannabis inventory and supplies inventory is +- $100,000

This opportunity allows for you to be cash flow positive from the start with inventory and Flowering rooms harvesting every couple weeks. We would be only open to owner financing if you put down 50% cash upfront, and we will finance the remaining 50% at 12% interest.

Each new room is controlled by TrolMaster Hydro x Pro systems that control the lights, temperature, humidification, dehumidification, and Co2, all of which can be controlled from your computer. This system also has smoke alarm sensors and coco water moisture sensors. This high-tech system will notify you from your phone if there is any issues with the room such as it gets too hot, dry, humid, plants need watered, and much more.

Our facility has a completely autonomous micro drip watering system. We are able to automatically take city water and R/O it, send it directly from the R/O reservoir through Dosetron nutrient injection systems, PH it, and straight to the plants without touching anything. That’s right, all you have to do is mix nutrient concentrate tanks under the Dosetron injection systems and feed directly to the plants. We have one TrolMaster Aqua X irrigation timer that controls the entire facility that also is controlled by your smart phone.

Each room has Raptor XXL hoods with Hortilux HPS bulbs, Quest dehumidifiers, Anden humidifiers, GGS tables with easy one push rolling benches, and Co2 burners. Our Clone room has 7 EZ commercial systems with the cloning capabilities of 3,200 clones every 2 weeks. This property could easily be converted to LED lights and we have direct contacts with Fohse LED’s if you would like to upgrade. Rooms are 12′ tall in the new section allowing for a vertical cultivation if desired.

Our facility is one of the cleanest you will find as we have no detrimental pests and only have a few nats and thrips due to using coco. We have no Russet Mites, Spider Mites, Aphids, or any other pest problem whatsoever. We also have a very sterol process so we don’t fail microbial, yeast, mycotoxin, or heavy metal tests.

We currently use the Twister Batch One dry trimmer to make trimming a breeze. In total we have over $340,000 in equipment valued at used prices.

Our Financial Modeling shows this facility will conservatively produce around 3,450 lbs. of flower at 42.6 grams/flower sqft and 5 harvests a year, equating to just over $3,000,000 in revenue and $1,000,000 in EBITDA @ $800 a lb wholesale price.

The reason for selling is I won a limited license in Illinois and Connecticut, and have pending applications in several other states in which I will need capital to build out. I am willing to help the new owners transition into the business for 2 weeks, and can be on call for as long as needed. The team is incredible and all will want to stay. 

Serious inquiries only. If you are an out of state resident, you must have a partner who is a resident in Oklahoma for at least 2 years and has at least a 75% ownership in order to buy the business. I am able to help with this process if needed. We will give a tour of the facility with proof of funds and only if you are serious about this Property. Call or text me directly at (859) 797-1377 if you have any questions.

Contact Listing Owner
Cannabis & Hemp Insurance
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